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Adani Transmission Ltd Surges 2.68%

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On Monday, Adani Transmission Ltd rose 2.68 per cent, trading at Rs 4200. Adani Transmission Ltd has added 15.35 per cent in August compared to a 4.86 per cent gain in the S&P BSE index and a 1.46 per cent drop in the SENSEX. The S&P BSE utility index is up 0.67 per cent to quote at 4352.68. In August, the index was up 4.86  per cent. NHPC Ltd increased 1.94 per cent, and Adani Power Ltd added 1.52 per cent on Monday. The S&P BSE index went up 54.71  per cent in 2021 compared with a 0.41 per cent fall in benchmark SENSEX.

In August, Adani Transmission Ltd added 15.35 per cent as compared with a 4.86 per cent gain in the S&P BSE utility index and a 1.46 per cent drop in the SENSEX. On the Bombay Stock Exchange (BSE), 4.26 lakh shares were traded compared to the average daily volume of 24239. On September 16 2022, the company’s stock hit a record high of Rs 4238.55. Also, the stock hit a 52-week low of Rs 1474 on September 29 2021.

On May 22, Adani Transmission Ltd lost 13 per cent over April to a 5.67 per cent fall in the S&P BSE Power index and an 8.97 per cent drop in the SENSEX. The company’s stock has gained 1.28 per cent to trade at Rs 2325.55 in May. The S&P BSE Power index is up 0.02 per cent to quote at 4495.78. The index is down 5.67  per cent. Among other stocks, the Power Grid Corporation of India Ltd increased 0.52 per cent, and Torrent Power Ltd added 0.49 per cent. The S&P BSE Power index went up 68.57  per cent over the last year compared to the 9.51 per cent surge in benchmark SENSEX.

Adani Transmission Ltd has lost 13 per cent over the last month compared to a 5.67 per cent fall in the S&P BSE Power index and an 8.97 per cent drop in the SENSEX. On the BSE, 5196 shares were traded on the counter compared with average daily volumes of 58470 shares in the past month.on April 12 2022, the stock hit a record high of Rs 3000. The stock hit a 52-week low of Rs 860.5 on August 02 2021.

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