Five of 11 Adani stocks closed down on Monday, with Adani Green Energy, cited in the US Department of Justice indictment, falling 9.2%, hitting its 52-week intraday low. The stock has declined 31.4% since the Adani corruption indictment became public last week.
Emcure Pharma shares advance 10% as Kotak Equities sees 28% upside in stock
Driven by strong organic growth, an in-licensing agreement with Sanofi, the consolidation of Mantra, and the resolution of most legal challenges, Emcure is projected to