Friday's marginal gain is a relief for the port-to-energy conglomerate whose six listed stocks had fallen 9-22 per cent in the first four days of this week.
According to reports, NSDL has frozen the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund, which together own more than Rs 43,500 crore worth of Adani shares.
Adani Enterprises tumbled 24.99 per cent to Rs 1,201.10, Adani Ports and Special Economic Zone plummeted 18.75 per cent to Rs 681.50 on the BSE.
Adani Enterprises (AEL) has reported a 282.2 per cent rise in its consolidated net profit (attributable to the owners of the company) for the fourth quarter of FY21.
The consolidated income of the company during the January-March quarter was at Rs 13,688.95 crore as compared with Rs 13,698.09 crore in the year-ago period.
This comes at a time when the e-commerce industry in India is at an inflection point with its growth accelerating as the lockdown has hit physical retail businesses throughout the country
It said that ARTL would continue to evaluate and bid for attractive opportunities in the transport sector which generates value for the stakeholders.
Adani Energy’s net worth on March 31st 2017 stood at Rs 1.78 crore and had nil value in its turnover section.
Adani Enterprises has applied for financing from an Australian infrastructure fund to build a rail line that is part of a $16 billion coal project in the state of Queensland.