Adani stock price recorded a 0.5% rise to ₹3,276 today, with live data showing strong bid sizes across multiple NSE levels, hinting at continued buying interest. In a statement released on Thursday, Adani Group said the allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied all wrongdoing. The group’s spokesperson said all possible legal recourse will be sought. Adani Green Energy’s share price declined significantly from ₹2,100 to ₹760 between September 2024 to February 2025. The decline subsequently reversed, and the shares have since strongly appreciated from ₹760 to ₹1,070, an increase of 41% between February and June 2025. RSI levels at 61 hint that the stock remains in a healthy bull zone without overbought pressures.
