All Adani group firms settle in positive territory, three stocks jump 5 pc

Shares of Adani group firms saw gains on Monday on the BSE, with some companies hitting their upper circuit limits. This occurred as the group listed out details of stake sales in its firms, and investment was ploughed back into businesses to counter claims by Congress leader Rahul Gandhi. The group rebutted reports in an international publication, which allegedly was the basis of Gandhi's statement, by stating that the competitive race to tear down Adani may be alluring, but the group is fully compliant with securities laws and is not obscuring promoter ownership or financing.

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