All Adani Group shares were in green on March 5 amid multiple triggers for the power-to-airports conglomerate.
Adani Green Energy and Adani Energy Solution led the rally among the Adani shares by rising 8% to trade at Rs 829 and Rs 700 apiece, respectively.
Adani Group's flagship arm Adani Enterprises' shares on NSE were trading 4% higher at Rs 2,231.65 apiece following a huge block trade.
As per BSE data, 84,48,975 shares, valued at Rs 1,832 crore, changed hands on Wednesday at Rs 2,168.10 apiece. The official buyers and sellers of the block deals are not yet known.
At 12:55 pm on March 5, Adani Ports were trading 4.6% higher at Rs 1,106. The rise comes on a day when the broader markets are seeing broad-based buying with Sensex rising over 900 pts and Nifty jumping over 1.3%.
Shares of Ambuja Cements were trading 2% higher at Rs 485 apiece a day after CCI allowed it to acquire up to 72.8% stake in Orient Cement. The positive momentum extended to Adani Total Gas, ACC and NDTV as they rose 6%, 1% and 5%, respectively.
Adani Wilmar shares rose 6% as the company said it will acquire 'Tops' maker GD Foods in the next three years.
CCI also approved acquisition of equity shares of PSP Projects Limited by Adani Infra (India) Limited.
The Adani Group is planning to raise over $12.5 billion to partially fund capital expenditure of $57.16 billion, an Economic Times report said on Monday.
The conglomerate will raise the equity for the period of over five years, the report added. Quoting Adani Group CFO Jugshinder Singh, the report said that the average capital expenditure will be little above Rs 1 lakh crore for next five years.
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