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.
Adani Ports and Adani Enterprises plummeted 7.2 per cent and 5.8 per cent, respectively, while Adani Green Energy shed 3.1 per cent of its value on Wednesday.
Shares of Adani Enterprises on Monday crashed 25 per cent intra-day to Rs 1,201 on the BSE. Similarly, Adani Ports and Special Economic Zone (APSEZ) plummeted 19 per cent during the day.
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.
Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in the power sector till February.
According to the statement, the company's total income in the quarter under review declined to Rs 3,959.40 crore from Rs 5,601.25 crore a year ago.
The commerce ministry has rejected Adani Power's proposal to set up a special economic zone for the power sector in Jharkhand entailing an investment of Rs 15,002 crore as it was inconsistent.
The company had suffered a consolidated net loss of Rs 313.05 crore in quarter ended September 30, 2016, Adani Power said in a BSE filing today.
The apex court said that power distribution firms cannot charge "compensatory tariff" from consumers and set aside the appellate tribunal's judgement in this regard.