Adani Green shares advance after sizeable block transaction

Adani Green Energy gained about 3% after a Rs 2,718 crore block deal involving 1.7% equity, with markets weighing the impact on sentiment and ownership dynamics.

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3 days ago

Adani Green shares advance after sizeable block transaction

Adani Green shares advance after sizeable block transaction
Market activity picked up in Adani Green Energy after a large block deal involving about 2.8 crore shares drew investor attention. The transaction, valued near Rs 2,718 crore, represented roughly 1.7% of the company’s equity and was executed at around Rs 970 per share, slightly below prevailing levels. Following the deal, the stock rose nearly 3% intraday to Rs 1,027.70, lifting sentiment despite the identities of buyers and sellers remaining undisclosed. 
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  • adani green energy
  • block deal