Adani Enterprises plunged 7.08 per cent to Rs 1,601.25. Adani Ports & SEZ declined 5.11 per cent to Rs 596.95. ACC and Ambuja Cements, two Adani group cement stocks, fell 4.22 per cent and 2.91 per cent, respectively.

Adani Enterprises shares plunge 7%, six Adani group stocks hit lower circuit limits. Here’s why

Stocks to watch out for today: Allcargo Logistics, Adani Enterprises, HDFC, Vedanta, SBI, Nestle India, PNC Infratech, Dilip Buildcon and more

Stocks in news: Adani Enterprises, HDFC, Vedanta, SBI, Nestle India and more

The acquisition was for Rs 48 crore, according to a stock exchange filing by Adani Enterprises. The acquisition was originally announced in May last year.

Gautam Adani’s AMG Media Networks acquires 49% in Quintillion Business Media

Adani Enterprises share price: The counter’s 14-day relative strength index (RSI) came at 37.79. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a price-to-equity (P/E) ratio of 139.47.

Adani Enterprises shares extend fall for 5th straight session, tank 9% today

The 30-share BSE Sensex pack slipped 40 points or 0.07 per cent to close at 57,614; while the broader NSE Nifty index moved 34 points or 0.20 per cent lower to settle at 16,952. Mid and smallcap shares finished on a weak note, with the Nifty Midcap 100 down 0.35 per cent and Nifty Smallcap 100 fall…

Sensex slips 40 points, Nifty barely holds 16,950; Kalyan Jewellers, Minda Corp & Adani Enterprises tank up to 10%

S&P BSE Sensex closed at 57,613.72, while the Nifty 50 ended the day at 165,951.70.

Stock Market Today: Sensex, Nifty Close Flat; Adani Enterprises, Adani Ports Top Nifty 50 Laggards

CLOSING BELL: The S&P BSE Sensex ended 40 points lower, while the Nifty50 was down 34 points. Shares of Adani Group tumbled up to 7 per cent, with Adani Enterprises leading the fall.

Sensex, Nifty end flat amid tepid trading session; Adani group stocks slide

Stocks to watch before going into trade today.

Stocks To Watch: Adani Enterprises, Aditya Birla Capital, NDTV, Nestle India, Allcargo, PNC Infratech

Adani Enterprises Limited (AEL) on Monday informed that the acquisition of 49 per cent equity of Quintillion Business Media Limited (QMBL) by AMG Media Networks Limited (AMNL), a wholly owned subsidiary of AEL, has been completed.

Adani’s media arm completes 49% stake buy in Quintillion Media

Bajaj Finserv, Adani Enterprises, Bajaj Finance, Hindalco Industries and Wipro were among the top Nifty losers. The gainers included HUL, BPCL, ITC, Grasim Industries and Nestle India.

Taking Stock | Banking sector worries sink market again; Sensex down 361 points, Nifty below 17,000

Bajaj Finserv, Bajaj Finance, Adani Enterprises, Tata Steel and Hindalco Industries were among the biggest Nifty losers. Cipla, Kotak Mahindra Bank, Dr Reddy’s Laboratories, Infosys and Apollo Hospitals gained the most

Taking Stock | Sensex slips 398 points, Nifty below 17,000; PSU bank, metal, realty worst hit

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Adani Enterprises Limited is an infrastructure company with businesses spanning coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation, and transmission and gas distribution. 