Adani Ports share price ends at ₹1,766; September 10 change stands at -0.51%

Key Takeaways

• Adani Ports ended the session at ₹1,766, which was ₹9 or 0.51% below its previous closing price of ₹1,775. 
• The day's ₹29.60 trading range extended from ₹1,750.40 at the low to ₹1,780 at the high. 
• The closing price remained ₹48.20 above the 50-day DMA of ₹1,717.80 and ₹138.60 above the 200-day DMA of ₹1,627.40. 
• The stock's one-year return stood at 28%, compared with 24.36% over six months and -3.22% over three months. 

The Adani Ports share price closed September 10 at ₹1,766. The stock had finished the previous trading day at ₹1,775, leaving a ₹9 decline, equivalent to 0.51%. It opened at ₹1,779.90, almost at the day's eventual high, before moving through a wider band during the remainder of the session. 

The high was ₹1,780 and the low ₹1,750.40. That put the full intraday spread at ₹29.60. Only ₹0.10 separated the opening print from the session high. By comparison, the Adani Ports share price closed ₹14 below the high and ₹15.60 above the low, placing the final price close to the centre of the day's range. 

Moving-average levels remained below the close. The 50-day DMA stood at ₹1,717.80, making the difference from the closing price ₹48.20. At ₹1,627.40, the 200-day DMA was ₹138.60 below the close. There was a wider ₹90.40 gap between the two averages themselves. 

The stock's 52-week price band extended from ₹1,292 to ₹1,891.10. The September 10 close was therefore ₹125.10 below the annual high and ₹474 above the annual low. Roughly 2.78 million shares were traded, while market capitalisation was around ₹3.8 trillion. 

Recent returns did not follow a uniform pattern across periods. The one-month return was 4.37%, while the three-month figure stood at -3.22%. Over six months, the return was 24.36%, and the one-year reading was 28%. The difference between the three-month and one-year figures amounted to 31.22 percentage points, whereas the six-month and one-year readings were separated by 3.64 points.