Mumbai, Jan 15 || Adani Group shares rallied for the second consecutive day on Wednesday following a sharp surge in the previous trading session.
In the trading session so far, Adani Green Energy stock surged to 1,080 per share with a gain of 7.27 per cent and Adani Power rallied to Rs 571.90 per share with a gain of 6.50 per cent. At 1.00 p.m., Adani Green Energy and Adani Power were trading with a gain of 3.76 per cent and 2.94 per cent respectively.
Adani Green Energy's total traded volume so far in the day stood at 7.1 times its 30-day average, while the RSI was at 47.
Adani Power's total traded volume so far in the day stood at 13 times its 30-day average, while the RSI was at 57.
This week, Adani Green Energy's stock surged by about 16 per cent and Adani Power's stock advanced by about 20 per cent.
This rally in Adani Green Energy came after its subsidiary Adani Renewable Energy Forty-Eight Limited commissioned a 57.2 MW wind power unit at the Khavda project. With the commissioning of this plant, the company's total operational renewable energy generation capacity has increased to 11,666 MW.