Track the turbulent journey of this stock, starting at Rs 72, soaring to Rs 4000, plummeting to Rs 500 due to a single news event,and now experiencing a rapid doubling in value within the last 9 days.explore the factors behind these dramatic price fluctuations, considering market volatility, news _driven impact, and investor sentiment. Understanding the dynamics shaping this stock is rollercoaster ride may provide valuable insights for investors and traders. However, it’s crucial to conduct comprehensive research, analytics market conditions, and consider risk factors in such a volatile and rapidly changing environment.
You must be aware that till a few years ago this share was around Rs 72. In the next few years, we just kept on watching. The city about which we are talking is running at full speed in the last 9 days. In the last few business sanctions, this lion has repaid the investment double. The story of this stock of Adani Group is very long. Earlier this stock was around Rs 72. In the next few years it happened that it reached the price of Rs 4000. Meanwhile, such a news came that it fell with a bang and touched almost ₹ 500. It was understood that the future would not be very good for it, but it removed all the shortcomings and now the name of this stock is running every day. Adani Total Gas Limited(AGTL)
Yesterday (December 7, 2023), AGTL’s stock fell by 10 percent and closed on the above circuit. Yesterday it increased by ₹ 105.30 and closed at ₹ 1158 ₹ 60. To see its speed, we have to go back a few days. Last month, on 28th November, there was tremendous growth in this city. That day, this stock had closed at 644 with a circuit above 20 percent. After that day, this stock of Adani Group had been circuit above 20 percent three times, which means a return of 60 percent in three days. Two circuits out of three circuits yesterday. And apply it the day after tomorrow (6th and 5th December)-
How much return did you give in 9 day and 3 years?
AGTL’s shares had closed at Rs 536.95 on November 24 – yesterday’s closing rate is Rs 1,158.
From then till now, there are 9 days of full trading movie. Today, trading is going on in the session of 8th December 2023. If you look at the percentage difference between the two prices, it becomes around 115, which means that the lion’s share is more than double the return. Has given to investors and is running at a very fast pace every day-
On November 5, 2018, this share opened at Rs 72, after which there was a rise but it fell again and reached Rs 76 on March 25, 2020. In January 2023, this share of Adani Group made its highest level till date. It was ₹ 4000, which means a profit of more than 5100% in about three years was put in the investors’ pocket. If someone had bought this stock at the price of 76 and invested ₹ 100000, then in 3 years he would have got a profit of ₹ 50 lakh. There is a lot of benefit, the invested Rs 1 lakh increases to more than Rs 51 lakh.
In January 2023 itself, American short-selling firm Hindenburg made serious allegations against Adani Group, saying that the group’s share prices were allegedly being played in order to increase because Adani Group was ranked number 1 among the fastest growing shares in the Indian market. But these allegations had a big impact – after this report came from outside, the shares started falling heavily every day. It took only 2 months for the shares of Adani Total Gas Limited to fall from its highest level to reach Rs 650. On January 23, this Was at Rs 4000 and was at Rs 650 on 1st March-
The problems did not end after the fall, but the company kept fighting the legal battle for its rights. On 26 October 2023, this share also touched the low of Rs 522 – After October passed, good news started coming for the company and the company’s stock –
Fifth gear in november
In the last days of November 2023, the Supreme Court of India also commented on the petitions filed to investigate the group on the basis of Hindenburg’s allegations – Where only the accused of a private group cannot be considered as the basis. Share after this comment. Adani’s share in the market gained momentum, after which investigation in America also found that the group is not involved and is not relevant. Before giving a loan of 553 million US dollars to Adani Group for the container terminal in Sri Lanka, the US government conducted an investigation. In the investigation, the government found that the allegations of corporate fraud made by Hindenburg Research are not relevant. This was confirmed by an American official – After these two news, lions of all the companies of Adani Group started running away, including the lion of Adani Total Gas. Is-
| Share started from Rs 72, reached Rs 4000, fell to Rs 500 after one news, now double in last 9 days |
| How much return did you give in 9 day and 3 years? |
| the share of the company has overcome every problem |
| Fifth gear in november |
Faq
Adani Tata gas news?
such a news came that it fell with a bang and touched almost ₹ 500. It was understood that the future would not be very good for it, but it removed all the shortcomings and
Adani news?
Share started from Rs 72, reached Rs 4000, fell to Rs 500 after one news, now double in last 9 days