Shares of Cemindia Projects, an infrastructure company owned by the Adani Group, have risen 5% at market open. The company’s shares have risen almost 77% since the beginning of the year and over 77% in the past year. The stock is at a 21% decline from its 52-week high of ₹1,649.20. Over 2 lakh shares of the company are being traded on the stock market today at 0.41 times the stock’s 10-day average.
