Adani group stocks under pressure; Enterprises, Green Energy tank up to 7%

Adani Enterprises reported movement of 7% and 13%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -6.4% on the day at ₹2,568.50, and has returned -16.2% over three months. It sits 20% below its 52-week high. The diversified sector has moved -17.7% over the same period, so Adani Enterprises is running 1.5 points ahead of its peers.

For Adani Enterprises, the question is how much of this is already reflected in the price and how much re-rates the diversified peer set alongside it.