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Below are Quote on Investors to be cautious on Adani group stocks by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd   

Adani group stocks have plummeted with, ADANIENT down by 20%, ADANIPORTS down by 15%, ADANI POWER down by 5% and Adani Total Gas Ltd down by 5%.

As per the different market news some of the mutual funds are holding very large quantities of Adani groups stocks and some complaints have been filed with SEBI also. From today four Adani group stocks have been shifted to T2T (Trade 2 Trade) which  means that intraday trading will not be permitted and investors need to take/give holding for any trade. We suggest investors be cautious on Adani group stocks, trading at very high valuations compared to peers. Buy on dips or averaging the buy position should be avoided for the time being.

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