Adani Enterprises calls off fully subscribed FPO, to return money to investors
1 year, 10 months ago

Adani Enterprises calls off fully subscribed FPO, to return money to investors

Deccan Chronicle  

New Delhi: Adani Enterprises on Wednesday said it has decided not to go ahead with its Rs 20,000-crore Follow-on Public Offer and will return the proceeds to investors. Adani Enterprises, the flagship company of the Adani Group, had a lacklustre start to its FPO, with only a 1 per cent subscription on the first day of the share sale. The interest of the investors is paramount and hence to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO," Gautam Adani, Chairman, Adani Enterprises, said. Meanwhile, shares of Adani Group firms slumped on Wednesday and have lost more than Rs 7 lakh crore of their combined market capitalisation in the last five trading sessions amid concerns over US-based short seller Hindenburg Research's report.

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History of this topic

FPIs make a comeback, lap up Indian stocks worth ₹14,435 crore in December after two months of selling
1 week, 2 days ago

FPIs make a comeback, lap up Indian stocks worth ₹14,435 crore in December after two months of selling

Live Mint  

Indian markets rebounded sharply in December, supported by renewed activity from foreign portfolio investors, who turned net buyers after two consecutive months of selling on expectations of potential US Federal Reserve rate cuts in the upcoming meeting. FPIs purchased Indian equities worth ₹14,435 crore through December 13, as per the NSDL data. Historical data reveals that the Nifty Index has …

Stocks to watch today: Adani stocks, Vodafone Idea, Godrej Consumer, Tata Motors
2 weeks, 1 day ago

Stocks to watch today: Adani stocks, Vodafone Idea, Godrej Consumer, Tata Motors

India Today  

Stock markets ended in red on Monday, dragged down by losses in FMCG and auto stocks. As markets reopen today, several stocks, including Vodafone Idea, Tata Motors, NHPC, Brookfield India REIT, Premier Polyfilm, Torrent Power, and Datamatics Global Services, are likely to be in focus due to recent announcements and developments. ADANI GROUP STOCKS The Adani Group announced plans to …

Adani Ent Share Price Today on 29-11-2024: Adani Ent share price are down by -0.72%, Nifty up by 0.78%
3 weeks, 5 days ago

Adani Ent Share Price Today on 29-11-2024: Adani Ent share price are down by -0.72%, Nifty up by 0.78%

Live Mint  

Adani Ent Share Price Today on 29-11-2024: At 29 Nov 11:11 today, Adani Ent shares are trading at price ₹2420, -0.72% down from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 2327.97 10 …

Adani Shares Soar As Bribery Allegations Clear; Market Cap Jumps Rs 1.2 Lakh Crore
Top News
3 weeks, 6 days ago

Adani Shares Soar As Bribery Allegations Clear; Market Cap Jumps Rs 1.2 Lakh Crore

ABP News  

Adani Group witnessed a significant turnaround in investor sentiment on Wednesday, with its market capitalisation swelling by Rs 1.2 lakh crore in a single trading session. This remarkable 10 per cent surge came as legal clarifications eased concerns over alleged bribery charges, which had previously dampened confidence. Leading the rally were Adani Power and Adani Total Gas, both of which …

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable?
4 weeks ago

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable?

Live Mint  

Foreign portfolio investors made a notable return to Indian equities, ending a 36-session selling streak with net purchases exceeding ₹10,000 crore over two days. Another significant driver of FPI inflows was the MSCI index reshuffle, wherein stocks like Voltas, Oberoi Realty, BSE, Kalyan Jewellers, and Alkem Laboratories were added to the MSCI Global Standard Index, prompting passive inflows. FPI Selling …

Telangana CM Revanth Reddy refuses to accept Adani's Rs 100 cr donation: 'It would dent image'
1 month ago

Telangana CM Revanth Reddy refuses to accept Adani's Rs 100 cr donation: 'It would dent image'

India TV News  

Telangana Chief Minister A Revanth Reddy on Monday took a U-turn on the Rs 100 crore donation announced by Adani Group chairman Gautam Adani to a university being set up in the state. 'It would dent the image of the state government' The chief minister, while addressing a press conference, said the decision was taken since Adani's announcement gave rise …

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more
1 month ago

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Adani Stocks: Gautam Adani, his nephew Sagar Adani, and associates have been charged by U.S. authorities with defrauding investors and paying $265 million in bribes to Indian officials for solar energy contracts. Amid these allegations, Kenyan President William Ruto canceled deals with the Adani Group, including …

Adani Enterprises, Adani Green, Airtel, LTI, JSW, Zinka: Stocks to watch today
1 month ago

Adani Enterprises, Adani Green, Airtel, LTI, JSW, Zinka: Stocks to watch today

India Today  

The domestic markets continued their downward trend, closing lower on Thursday as shares of Adani Group companies saw a sharp sell-off due to bribery allegations against Gautam Adani. ADANI ENTERPRISES, ADANI GREEN Adani Group stocks, including Adani Enterprises and Adani Green, are expected to remain under pressure following Thursday's 20% decline. The unit will cater to the company’s growing renewable …

Live tracking Adani Stocks: Six Adani stocks recover on Friday
1 month ago

Live tracking Adani Stocks: Six Adani stocks recover on Friday

The Hindu  

Shares in billionaire Gautam Adani’s conglomerate saw a partial recovery on Friday, following a sharp sell-off triggered by U.S. charges alleging the tycoon paid over $250 million in bribes to secure lucrative government contracts. On the Bombay Stock Exchange, several Adani Group stocks rebounded: Ambuja Cements gained 3.50%, ACC rose 3.17%, Adani Enterprises advanced 2.16%, Adani Ports increased 2.05%, Adani …

Adani stocks crash over 20% after Gautam Adani indicted by US over alleged $250 million bribe plot
1 month ago

Adani stocks crash over 20% after Gautam Adani indicted by US over alleged $250 million bribe plot

Hindustan Times  

Adani Group shares plunged when the markets opened on Thursday, November 21, 2024, after the US Securities and Exchange Commission announced it was pressing charges against Adani Group chairman Gautam Adani, Sagar Adani, and Cyril Cabanes, an executive of Azure Power Global Ltd in a bribery and fraud case. The US market regulator SEC alleged the scheme was to secure …

Adani, Others Invest ₹366 Crore in Sagility India Ahead of ₹2,107 Crore IPO
Trending News
1 month, 3 weeks ago

Adani, Others Invest ₹366 Crore in Sagility India Ahead of ₹2,107 Crore IPO

Hindustan Times  

Adani Group and other institutional investors have invested ₹366 crore in Sagility India ahead of its IPO. The company will issue 70.2 crore shares at a price band of ₹28-30 per share, with 75 per cent for qualified institutional buyers, 15 per cent for non-institutional investors, and 10 per cent for retail investors. The IPO will open on November 5 …

Adani Power Soars 3% on ₹5,000 Crore Fundraise Move
2 months ago

Adani Power Soars 3% on ₹5,000 Crore Fundraise Move

Live Mint  

Adani Power shares experience a surge in trading activity, with their stock price rising by over 3% on Thursday. The surge follows the announcement of a board meeting scheduled for October 28th to consider and approve a fundraising proposal worth ₹5,000 crore. The company plans to raise funds through a public issue and/or private placement of non-convertible debentures, with the …

Adani Group stocks plunge up to 17% following Hindenburg's latest claims
4 months, 1 week ago

Adani Group stocks plunge up to 17% following Hindenburg's latest claims

India Today  

Shares of the Adani group dropped by up to 17% in early trading on Monday, following fresh allegations from the US-based short seller firm Hindenburg Research. US-based short seller firm Hindenburg Research on Saturday claimed that whistleblower documents show Securities and Exchange Board of India Chairperson Madhabi Puri Buch had a stake in the obscure offshore entities used in the …

Gautam Adani raises stake in Adani Enterprises, buys more from open market
6 months, 1 week ago

Gautam Adani raises stake in Adani Enterprises, buys more from open market

Hindustan Times  

Gautam Adani, promoters of Adani Enterprises and companies belonging to the promoter group purchased over two per cent stake in the company from open market between September 2023 and June this year, a statement to stock exchanges noted. As per the exchange filing, open market purchases in shares of Adani Enterprises were made between September 8-12, 2023 by Infinity Trade …

Adani Group stocks see ₹1.4 lakh crore gain today, zoom 16% as exit polls predict PM Modi's return
6 months, 3 weeks ago

Adani Group stocks see ₹1.4 lakh crore gain today, zoom 16% as exit polls predict PM Modi's return

Hindustan Times  

Adani Group stocks today: Shares of Gautam Adani's Adani Group surged as much as 16% today following exit polls which indicated that Prime Minister Narendra Modi's led BJP will win in the Lok Sabha elections. Adani Group stocks today: Gautam Adani speaks during an interview in Ahmedabad. Gautam Adani replaces Mukesh Ambani as richest Asian Individually, Adani Enterprises jumped 7 …

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP
6 months, 3 weeks ago

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP

Business Standard  

The board of Adani Enterprises, the flagship firm of the conglomerate, on Tuesday approved raising Rs 16,600 crore by way of qualified institutional placement of shares or any other instruments, it told stock exchanges in a statement. The approval came a day after its transmission tower firm, Adani Energy Solutions, cleared plans to raise Rs 12,500 crore by way of …

India's Adani Energy Solutions to raise up to $1.5 billion
6 months, 3 weeks ago

India's Adani Energy Solutions to raise up to $1.5 billion

The Hindu  

India's Adani Energy Solutions said on Monday that its board has approved a fundraise of up to ₹125 billion. Business news website Moneycontrol had earlier reported that the two Adani companies — Adani Energy and Adani Enterprises — will collectively approve a fundraising plan in a range of $3.5-4 billion. Last year, U.S. shortseller Hindenburg in a report accused the …

Adani Enterprises stock recovers $30 billion lost after Hindenburg report
7 months ago

Adani Enterprises stock recovers $30 billion lost after Hindenburg report

Hindustan Times  

Shares of Adani Enterprises Ltd- flagship of Gautam Adani’s group- erased all the losses following a short-seller report in early 2023. The conglomerate cut debt and landed major projects owing to which its stock stock crawled back losses of more than $30 billion after US-based Hindenburg Research alleged wide-ranging corporate malfeasance and share-price manipulation at conglomerate in January 2023. Adani …

Adani Group stocks down 13%, ₹90,000 cr wiped off in market-cap. Top loser is…
9 months, 1 week ago

Adani Group stocks down 13%, ₹90,000 cr wiped off in market-cap. Top loser is…

Hindustan Times  

Adani Group stocks fell up to 13 per cent today. How are other Adani Group's stocks performing: Adani Enterprises and Adani Ports & SEZ were trading with losses of 5.5 per cent and 5.3 per cent, respectively. Loss in market-cap: With today's drop, Adani Group stocks have cumulatively lost ₹90,000 crore in market capitalisation- 5.7% of the group's overall market …

Adani Group frees pledged shares worth ₹ 2,878 crore in Q3
11 months ago

Adani Group frees pledged shares worth ₹ 2,878 crore in Q3

Live Mint  

MUMBAI : Infrastructure conglomerate Adani Group has released pledged shares worth ₹2,878 crore related to four of its companies during the December quarter, BSE data analyzed by Mint showed. The group released a total 28.67 million pledged promoter shares across Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Ports and Special Economic Zone Ltd, and Adani Energy Solutions Ltd. In …

Adani Group to invest ₹12,400 crore in Telangana in the coming years
11 months, 1 week ago

Adani Group to invest ₹12,400 crore in Telangana in the coming years

The Hindu  

Adani Group headed by its chairman Gautam Adani has announced investments to the tune of ₹12,400 crore in Telangana in the next few years. The Group’s company Adani Green Energy will invest ₹5,000 crore for setting up two pumped storage projects of 1,350 MW capacity and another firm AdaniConneX Data Centres has announced investment of an equal amount for setting …

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus
11 months, 2 weeks ago

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus

India TV News  

Adani Ports and Special Economic Zone shares rose 5.22 per cent in early trade on Tuesday to hit a 52-week high of Rs 1,229.90 after the company said on Monday that it plans to enter the bond market after a two-year hiatus. At the concluding session of the event, organised by the ruling DMK government, formal agreements were inked between …

Adani stocks rally as SC ruling wins back confidence of investors
11 months, 3 weeks ago

Adani stocks rally as SC ruling wins back confidence of investors

Live Mint  

Bengaluru/Mumbai: Traders and investors expected a rally in Adani group shares on Wednesday in anticipation of a favourable verdict from the Supreme Court. The various events of last year have been dubbed a “distraction” by the Adani group, including most recently in the third week of December when a dozen-odd senior executives led by group chief financial officer Jugeshinder Singh …

SC says ‘petitions lack adequate research’
11 months, 3 weeks ago

SC says ‘petitions lack adequate research’

Live Mint  

Adani-Hindenburg Case Verdict: The Supreme Court of India rejected key demands of petitioners seeking to derail the ongoing SEBI investigation into allegations raised by Hindenburg Research. Adani-Hindenburg Case Verdict: Chronology of events January 24: Hindenburg Research releases a report on the Adani Group companies claiming that it was "engaged in a brazen stock manipulation and accounting fraud". Effective from this …

Adani Group Companies Benefit From Market Sentiment, Stocks Soar High
1 year ago

Adani Group Companies Benefit From Market Sentiment, Stocks Soar High

ABP News  

As the stock market touched new highs on Monday, Adani Group and its entities took the investors on a joy ride with the firms mirroring the sentiment in the market. Shares of Adani Group companies remained popular during afternoon trading, and Adani Green Energy shares soar 8 per cent, and Adani Enterprises up by more than 7 per cent. On …

OCCRP reveals foreign investors linked to Adani stock manipulation
1 year, 3 months ago

OCCRP reveals foreign investors linked to Adani stock manipulation

The Hindu  

Published : Sep 05, 2023 11:25 IST - 3 MINS READ On August 31, western media outlets published the findings of The Organized Crime and Corruption Reporting Project, a global network of investigative journalists, which accused the Adani group promoters of using overseas funds as fronts to boost their shareholding in group companies beyond prescribed limits and manipulate stock prices. …

Report says close associates of India’s Adani Group secretly purchased large numbers of shares
1 year, 3 months ago

Report says close associates of India’s Adani Group secretly purchased large numbers of shares

Associated Press  

NEW DELHI — Two people closely linked to India’s Adani Group, one of the country’s largest conglomerates, secretly purchased millions of dollars of stocks in the group’s companies, possibly violating Indian law, according to a report Thursday by a network of investigative journalists. It identified the two investors as Nasser Ali Shaban Ahli and Chang Chung-Ling, and said they have …

Adani Ports, Adani Ent shares among top 10 largecap buys by mutual funds in July
1 year, 4 months ago

Adani Ports, Adani Ent shares among top 10 largecap buys by mutual funds in July

Live Mint  

The Indian equity benchmark indices continued their rally for the fifth consecutive month in July 2023. Mutual funds bought 65.98 crore shares of Coal India worth ₹15,125 crore last month. Similarly, they purchased Bajaj Auto shares worth ₹5,617 crore, HDFC Life Insurance Company shares worth ₹6,186 crore and Godrej Consumer shares worth ₹4,811 crore. The fund houses bought 1.5 crore …

Promoters raise $500 mn via Adani Green stake sale to QIA
1 year, 4 months ago

Promoters raise $500 mn via Adani Green stake sale to QIA

Live Mint  

MUMBAI : The promoters of Adani Group raised about $500 million by selling a part of their holdings in Adani Green Energy Ltd to investors, including INQ Holding Llc, a wholly owned unit of sovereign fund Qatar Investment Authority. Additionally, shares worth $7.18 billion or ₹59,436 crore and ₹2,532 crore are pledged by the promoters in Ambuja Cements Ltd and …

Gautam Adani Slams Hindenburg Report, Says It Carried 'Misinformation And Baseless Allegations'
1 year, 5 months ago

Gautam Adani Slams Hindenburg Report, Says It Carried 'Misinformation And Baseless Allegations'

News 18  

Gautam Adani, the chairman of the Adani Group, reaffirmed during the company’s 31st Annual General Meeting that the Hindenburg report, released earlier this year, consisted of misinformation and discredited allegations aimed at tarnishing the company’s reputation. The US-based short-seller Hindenburg Research published a report in January, accusing the group of stock manipulation and accounting fraud, allegations that Adani vehemently denied. …

Adani Green to consider fundraising on 6 July
1 year, 5 months ago

Adani Green to consider fundraising on 6 July

Live Mint  

Billionaire Gautam Adani's renewable energy company, Adani Green on Tuesday said its board would consider a proposal to raise funds by way of issuance of shares or other securities on 6 July. In a BSE filing, Adani Green informed, "A meeting of the board of directors of Adani Green Energy Limited will be held on Thursday, July 06, 2023, at …

Dividend stock: Adani Enterprises shares to trade ex-dividend on 7 June
1 year, 5 months ago

Dividend stock: Adani Enterprises shares to trade ex-dividend on 7 June

Live Mint  

Dividend stock: Adani Group's flagship company, Adani Enterprises will be in focus in the coming week as its share price will turn ex-dividend on June 7. As per the regulatory filing, Adani Enterprises is set to pay a dividend of 120% aggregating to ₹1.20 per share having a face value of Re 1 each on the fully paid-up equity shares …

Adani Transmission to raise up to Rs 8,500 crore after it gets nod from shareholders
1 year, 6 months ago

Adani Transmission to raise up to Rs 8,500 crore after it gets nod from shareholders

India TV News  

Adani Transmission has received the nod of shareholders to raise Rs 8,500 crore through the issuance of equity shares on a qualified institutional placement basis. According to the company's BSE filing, 98.64 per cent of shareholders voted in favour of the resolution and allowed it to raise the funds. The company had sought shareholders' approval through a postal ballot to …

Adani Group to raise $3.5 billion through share sale in 3 companies
1 year, 6 months ago

Adani Group to raise $3.5 billion through share sale in 3 companies

Live Mint  

Billionaire Gautam Adani-led group is set to raise $3.5 billion through an equity share sale to institutional investors in the boldest comeback strategy after US short-seller Hindenburg Research levelled accusations against the ports-to-energy conglomerate of stock manipulation and financial wrongdoings. While boards of Adani Enterprises Ltd and electricity transmission company Adani Transmission Ltd have already approved raising up to ₹21,000 …

GQG pumps up to $500mn more into Adani group cos
1 year, 6 months ago

GQG pumps up to $500mn more into Adani group cos

Live Mint  

Mumbai: GQG Partners, which invested $1.87 billion in four Adani group companies in the first week of March, has pumped in another $330 million-$530 million into these companies since then, demonstrating the investor’s continued interest in the ports to renewable energy conglomerate. View Full Image Graphic: Mint On 2 March, the Adani group disclosed that GQG had invested ₹15,446 crore …

Adani Transmission’s owners earn cons PAT of ₹389.5 cr in Q4, up 70% YoY
1 year, 6 months ago

Adani Transmission’s owners earn cons PAT of ₹389.5 cr in Q4, up 70% YoY

Live Mint  

Adani Transmission's owners earned a consolidated net profit of ₹389.45 crore in the fourth quarter of FY23, registering a growth of 69.62% from ₹229.59 crore in the same quarter a year ago. However, Adani Transmission posted a consolidated total income of ₹3,200.50 crore in Q4 of FY23, registering a single-digit growth of 4.97% from ₹3,048.96 crore in Q4FY22. Here are …

BSE, NSE put Adani Enterprises under short-term ASM framework
1 year, 7 months ago

BSE, NSE put Adani Enterprises under short-term ASM framework

The Hindu  

Leading bourses BSE and NSE will put the securities of Adani Enterprises under the short-term ASM framework from Thursday. Adani Enterprises Ltd is shortlisted in short-term Additional Surveillance Measure framework Stage-I effective from May 25, the National Stock Exchange and the BSE said in two separate circulars on Wednesday. Under the short-term ASM, the exchanges said, "applicable rate of margin …

Adani Enterprises Shares Drop 8% as Traders Book Profit; What Should you Do Now?
1 year, 7 months ago

Adani Enterprises Shares Drop 8% as Traders Book Profit; What Should you Do Now?

News 18  

Adani Enterprises Share Price: The three-day rally in Adani Enterprises on Wednesday came to an abrupt halt as the Nifty stock lost up to 8% to hit day’s low of Rs 2425.85 on BSE as traders booked profits. This means Jain’s investment into four Adani Group companies in March has generated more than 65 per cent returns in less than …

Adani Green plans to raise up to ₹6,000 crore in share sale
1 year, 7 months ago

Adani Green plans to raise up to ₹6,000 crore in share sale

Live Mint  

Adani Green Energy Ltd is in talks with global fund managers to raise ₹5,000-6,000 crore, two people familiar with the plans said, as India’s largest renewables company revives its capex plans four months after the Hindenburg setback. The board of Adani Green will meet on 24 May to approve the fund raising plan,” the first of the two people said. …

Adani stocks soar; market cap jumps by ₹63,000 crore in a day
1 year, 7 months ago

Adani stocks soar; market cap jumps by ₹63,000 crore in a day

Live Mint  

Adani Group stocks continued dazzling on Tuesday, with most of them hitting their upper circuit levels in trade, as sentiment remain upbeat about the group stocks after the group got a clean chit from the Supreme Court panel. All 10 Adani stocks ended with gains with Adani Enterprises share price surging nearly 18 per cent to the intraday high of …

Adani stocks jump on SC panel report findings
1 year, 7 months ago

Adani stocks jump on SC panel report findings

Live Mint  

MUMBAI : Adani group stocks surged on Monday, led by flagship Adani Enterprises, with investor wealth rising by the most in almost nine months after a Supreme Court-appointed panel found no prima facie evidence of stock price manipulation as alleged by US short-seller Hindenburg Research. Six out of 10 Adani Group stocks hit their upper circuits, with the group market …

Months after cancelled FPO, crisis-hit Adani to consider fundraising on May 13
1 year, 7 months ago

Months after cancelled FPO, crisis-hit Adani to consider fundraising on May 13

Live Mint  

Adani Enterprises announced that the company's board will hold a meeting on May 13 to approve the proposal of raising of funds. The group's renewable-energy arm Adani Green Energy also announced that it will look to raise funds after approval of the proposal in its board meeting to be held on May 13, Saturday. Meanwhile, the Supreme Court will hear …

Adani Enterprise Q4 net profit more than doubles, signaling recovery from Hindenburg row
1 year, 7 months ago

Adani Enterprise Q4 net profit more than doubles, signaling recovery from Hindenburg row

Hindustan Times  

Adani Enterprises Ltd.’s latest quarterly profit more than doubled as billionaire Gautam Adani’s flagship firm seems to recovered from a scathing short seller attack earlier this year that wiped out more than $100 billion off the conglomerate’s market value. Adani Enterprise Q4 results The Ahmedabad, Gujarat-based company posted a net income of 7.22 billion rupees for the quarter ended March …

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling
1 year, 8 months ago

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling

Live Mint  

Foreign portfolio investors have been buyers throughout the trading sessions in April month so far. As per NSDL data, FPIs invested ₹8,767 crore in Indian equities so far in April month. Riding on the back of impressive buying in equities, FPIs investment in the overall domestic market stays positive with an inflow of ₹7,349 crore despite selling in other instruments …

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling
1 year, 8 months ago

FPIs invest ₹8,767 cr in equities in Apr so far; IT stocks may see selling

Live Mint  

Foreign portfolio investors have been buyers throughout the trading sessions in April month so far. As per NSDL data, FPIs invested ₹8,767 crore in Indian equities so far in April month. Riding on the back of impressive buying in equities, FPIs investment in the overall domestic market stays positive with an inflow of ₹7,349 crore despite selling in other instruments …

Adani Group stocks recover day after falling sharply. Here's why
1 year, 8 months ago

Adani Group stocks recover day after falling sharply. Here's why

India Today  

Shares of all 10 listed companies of the Adani Group advanced on Tuesday, registering a strong recovery after yesterday’s steep fall. Recovery after clarification on debt repayments The recovery comes after Adani Group CFO Jugeshinder Singh refuted a news report which questioned its recent debt repayments. Hours after he rejected the claim, the company also issued a statement, where it …

EPFO subscribers are ‘captive investors’ of two Adani stocks
1 year, 8 months ago

EPFO subscribers are ‘captive investors’ of two Adani stocks

The Hindu  

The aftermath of the Hindenburg Research report may have made several large investors rethink their exposures to the Adani group. These investments are being made by India’s largest retirement fund — the Employees’ Provident Fund Organisation — which manages the old age savings of 27.73 crore formal sector employees and invests 15% of its corpus into exchange traded funds linked …

Adani group stocks: Nine are down in FY23, expect once; mcap tanks
1 year, 9 months ago

Adani group stocks: Nine are down in FY23, expect once; mcap tanks

Live Mint  

Stocks of seven out of ten listed firms of the Adani Group closed in the red on Friday, with the flagship Adani Enterprises tumbling 2.68 per cent to ₹1,745.95 apiece as investors continued to desert the counters. For the ongoing financial year, Adani Total Gas and Adani Transmission tanked the most, with a fall of 54 per cent. Adani Ports …

Ambuja Cements slips nearly 3% even after Adani prepays $500-million loan
1 year, 9 months ago

Ambuja Cements slips nearly 3% even after Adani prepays $500-million loan

Live Mint  

Shares of Ambuja Cements Ltd, a part of Adani Cement, dipped 2.89 per cent to touch an intraday low of ₹367.40 apiece during Monday's late noon deals even after Gautam Adani-owned conglomerate prepaid $500 million in loans taken for the acquisition of Ambuja Cement. Adani has made a formal request to international lenders to sell 4 per cent to 5 …

FPIs invest ₹13,540 crore in Indian stocks in 7 days due to Adani’s block deal
1 year, 9 months ago

FPIs invest ₹13,540 crore in Indian stocks in 7 days due to Adani’s block deal

Live Mint  

Foreign portfolio investors are net buyers so far in March. As of now, the month has recorded seven trading sessions and these days FPIs pumped in ₹13,540 crore in Indian equities. As per NSDL data, FPIs infused ₹13,540 crore in Indian equities from March 1st to 10th. It is most likely that the majority of the buying from FPIs came …

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