Shares of all the ten listed Adani Group companies ended on a positive note on Monday, with Adani Enterprises going up by nearly 20 per cent.
On Friday too, all the group's stocks ended in the positive territory after an expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate.
On Monday, Adani Enterprises jumped most by 19.56 per cent, followed by Adani Wilmar which went up by nearly 10 per cent. Adani Port settled more than 6 per cent higher.
Adani Green, Adani Power, Adani Total Gas, Adani Transmission, and Ambuja Cement rose by five per cent each, while ACC and NDTV settled more than four per cent higher.
The apex court had appointed the committee parallel to the investigation that markets regulator Sebi was conducting into allegations against Adani Group and the plunge in the apples-to-port conglomerate's shares, triggered by Hindenburg's allegations.
Adani Group stocks had taken a beating in the market after Hindenburg made a litany of allegations against the conglomerate, including those about fraudulent transactions and share-price manipulation.
Adani Group dismissed the charges as lies, saying it complies with all laws and disclosure requirements.