by Ritmbarah Arora
Adani Green Energy: The shares of Adani Green Energy are among the top gainers for the second consecutive day in a row. The share price jumped 5% to Rs 148.9 while it rose by 5% to Rs 142 yesterday. The shares were locked into the upper circuit yesterday with a new high. The stock price of the company has rocketed 173% since the last three months from the level of Rs 52. Around 1.1 million shares in volume have been traded today so far. As per Trendlyne data, the share price increased by 9.9% since the last week and by 39.6% since the last month. Adani Green is listed in 26 screeners on Trendlyne. Link
Radico Khaitan: The shares of Radico Khaitan surged 5.3% at Rs 314.6 as of this writing. Around 1.1 million shares in volume have been traded today so far. The share price increased by 5.5% since the last week and by 2.2% since the last month. HDFC Securities had issued a ‘buy’ call for the shares at a target price of Rs 498 on November 8, 2019. September quarter performance of Radico Khaitan was soft but still stronger than industry growth. The company is listed in 23 screeners on Trendlyne.
Reliance Infrastructure: The shares of Reliance Infrastructure are among the top gainers for the second consecutive trading session. The share price advanced 4.9% to Rs 25.5 today, while it rose 5% to Rs 24.3 in the yesterday’s trading session. Around 3.4 million shares in volume have been traded today so far. As per Trendlyne data, the share price increased by 9.4% since the last week while it decreased by 14.4% since the last month. The share price started increasing after the company won an arbitration award of Rs 1,250 crore against Damodar Valley Corporation. Reliance Infrastructure is listed in 21 screeners against 23 screeners yesterday on Trendlyne.
Va Tech Wabag: The shares of Va Tech Wabag rose 4.5% to Rs 176.2 while around 1.9 lakh shares in volume have been traded today so far. The share price increased by 1.5% since the last week and 8.9% since the last month, as per Trendlyne data. The share price also increased yesterday in the trading session amid reports that the National Green Tribunal directed 100% treatment of sewage entering the rivers across the country by March 2020. Va Tech Wabag is expecting to clock revenues of around Rs 3,000 crore in FY20. The company is listed in 21 screeners on Trendlyne. Link
Adani Gas: The shares of Adani Gas rallied 4.6% to Rs 157 today in the stock market. Around 2.2 million shares in volume have been traded today so far. As per Trendlyne data, the share price increased by 4.2% since the last week and by 7.4% since the last month. Adani Gas and Total have signed a definitive agreement where Total will acquire 37.4% stake in Adani Gas for Rs 61 billion on December 4, 2019. The company is listed in 24 screeners on Trendlyne.