“Adani Enterprises, which is the second Adani Group stock that has been added to the benchmark index, has concentrated on developing world-class infrastructure assets that advance national development. Its diverse portfolio is primarily divided into developing enterprises, transportation and logistics, and energy and utilities. The stock has turned into a multibagger over time. After a significant surge, the stock appears to be under moderate profit booking.”
Positive Breakout: Sanghvi Movers, Motherson Sumi among 10 stocks close cross above their 200 DMA
A total of 15 NSE-listed stocks with a market capitalisation of over Rs 1,000 crore closed above their 200-day moving average (DMA) as of August