It was put under this framework along with 2 other Adani Group stocks in the wake of the massive sell-off in stocks.
The stock will move out of the framework with effect from Wednesday, read an exchange circular.
During instances of high volatility in stocks, exchanges move stocks to short-term or long-term additional surveillance framework to safeguard investors from short selling or speculative trades.
The controversial report released by US-based short seller Hindenburg Research late January against the Adani Group triggered massive bloodbath on the stocks, and left investors wounded for more than a month. Stocks across the board of Adani Group lost at least 50% of their market value.
On February 3, NSE had put Adani Enterprises, Ambuja Cements and Adani Ports and Special Economic Zone in the surveillance framework. While Ambuja Cements and Adani Ports moved out of the framework last month, Adani Enterprises remained under the framework.
But after relentless selling for over a month, the group stocks got some respite last week. A Rs 15,000-crore bet by global asset management firm GQG Partners on Adani Group stocks was nothing less than a lifeline as it turned the table 360 degrees for Gautam Adani.
GQG Partners bought 3.4% stake in Adani Enterprises, 4.1% stake in Adani Ports, 2.5% stake in Adani Transmission, and 3.5% stake in Adani Green Energy.
In just 5 trading sessions, shares of Adani Enterprises have risen 66%. Today, the stock rose as much as 14% intraday to test a high of Rs 2,135. The scrip settled nearly 6% higher on the NSE at Rs 1,982.90.
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