Adani Enterprises Q3 Results: Net Profit Rises Twofold To Rs 1,888 Crore On Robust Performance
1 year, 1 month ago

Adani Enterprises Q3 Results: Net Profit Rises Twofold To Rs 1,888 Crore On Robust Performance

ABP News  

Gautam Adani-led Adani Enterprises Ltd on Thursday said its third quarter net profit more than doubled on the back of robust performance in new energy, airports and road businesses. The conglomerat's et profit of Rs 1,888 crore in October-December, the third quarter of fiscal year starting April 1, 2023, is compared with Rs 820 crore earning in the same period last year, the company said, according to PTI. As per the PTI report, while green hydrogen business in the new energy vertical of the company saw more than 4x rise in pre-tax profit to Rs 1,655 crore, road business EBITDA more than doubled to Rs 910 crore. The company's EBITDA rose 89 per cent to Rs 3,717 crore in the third quarter.

Business Profit Crore Cent Adani Net Profit  crore  quarter  performance  twofold  robust  results  airports  profit  businesses  net  energy  rs  enterprises  adani  business  q3  cent  rises

History of this topic

Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Projects: Gautam Adani
3 weeks, 6 days ago

Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Projects: Gautam Adani

ABP News  

Indian industrialist Gautam Adani on Tuesday announced an investment of Rs 50,000 crore in Assam. Speaking at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati on February 25, the Adani Group Chairman said that the conglomerate will be investing in the state. Addressing the event during the inaugural day of the Summit, Adani said that this investment …

Adani Group to invest ₹1.10 lakh crore in Madhya Pradesh; additional ₹1 lakh crore in pipeline
1 month ago

Adani Group to invest ₹1.10 lakh crore in Madhya Pradesh; additional ₹1 lakh crore in pipeline

Live Mint  

Strengthening its presence in the country, diversified conglomerate Adani Group on Monday, February 24 announced plans to invest ₹1,10,000 crore in Madhya Pradesh across sectors like pumped storage, cement, mining, smart meters and thermal energy. Speaking at Madhya Pradesh Global Investors Summit 2025, Gautam Adani, Chairman of the Adani Group, reaffirmed the Group’s commitment to the state, highlighting what he …

Adani Group to invest ₹30,000 crore in Kerala over next five years: Karan Adani
1 month ago

Adani Group to invest ₹30,000 crore in Kerala over next five years: Karan Adani

The Hindu  

Adani Group will invest ₹30,000 crore in Kerala over the next five years, Karan Adani, managing director, Adani Ports and SEZ Ltd, has said. The investments will include ₹5,500 crore to expand operations of the Thiruvananthapuram airport and another ₹20,000-crore additional investment in the Vizhinjam port aimed at turning the facility into the largest transhipment port in this part of …

Adani assures high capex path for portfolio firms, reports double-digit growth
1 month ago

Adani assures high capex path for portfolio firms, reports double-digit growth

The Hindu  

A day after the U.S. Securities Exchange Commission informed a New York local court that it was pursuing the bribery allegations case against the Adanis, the Adani Group assured that its group companies were on a high capex path and are in good financial health. “Adani Portfolio companies are now on a high capex path, with a strong base of …

Adani Enterprises’ Q3 net dives 97% to ₹58 cr. as coal trade volumes hit
1 month, 3 weeks ago

Adani Enterprises’ Q3 net dives 97% to ₹58 cr. as coal trade volumes hit

The Hindu  

Adani Enterprises Ltd., the flagship company of the Adani Group, reported net profit for the quarter ended December 31, 2024, plunged 97% to ₹58 crore from ₹1,888 crore in the year-earlier period as key coal trading volumes were hit. Coal trading saw volumes decline 42% to 21.1 million tonnes in October-December 2024. Pre-tax profit from the coal trading segment, which …

Despite being targeted by Hindenberg, Indian opposition, and even the Biden administration, Adani Group companies achieve increased profit
1 month, 3 weeks ago

Despite being targeted by Hindenberg, Indian opposition, and even the Biden administration, Adani Group companies achieve increased profit

Op India  

Adani Ports and Special Economic Zone Ltd. on Thursday announced a growth of 32 per cent in its net profits during the first three quarters of the financial year 2024-25. This exceptional nine-month performance underscores Adani Enterprises Ltd’s position as a powerhouse for nurturing transformative infrastructure and energy transition sectors,” said Gautam Adani, Chairman of the Adani Group, in his …

Adani Enterprises Reports 29% Jump In EBITDA In 9-Month Period In FY25, Net Profit Rises 17 %
Trending News
1 month, 3 weeks ago

Adani Enterprises Reports 29% Jump In EBITDA In 9-Month Period In FY25, Net Profit Rises 17 %

ABP News  

Adani Enterprises Ltd reported the financial results for the third quarter and the nine-month period ended December 31, 2024, of the current 2024-25 fiscal year on Thursday. The flagship company of the Adani Group clocked a profit after tax of Rs 3,254 crore in the 9M period in FY25, climbing 17 per cent from Rs 2,790 crore reported in the …

Adani Enterprises Q3 Results: Consolidated net profit tanks 88% to ₹228.64 crore, total income down 8%
1 month, 3 weeks ago

Adani Enterprises Q3 Results: Consolidated net profit tanks 88% to ₹228.64 crore, total income down 8%

Live Mint  

Adani Enterprises Q3 Results: Adani Group flagship Adani Enterprises announced its results for the quarter ended December 2024 on Thursday, January 29. The company posted a consolidated net profit of ₹228.64 crore a massive 88 percent YoY decline from ₹1,972.75 crore in the same quarter last year. Meanwhile, the company's profit attributable to owners saw a sharp decline in the …

Shares of Adani Enterprises, Adani Ports to be in focus today. Here's why
1 month, 3 weeks ago

Shares of Adani Enterprises, Adani Ports to be in focus today. Here's why

India Today  

Shares of Adani Enterprises and Adani Ports will be in focus today as both companies are set to announce their third-quarter financial results for the financial year 2024-25. In a filing to the stock exchanges, Adani Enterprises said, "Pursuant to Regulation 29 and other applicable provisions of the SEBI Regulations, 2015, we would like to inform you that the Meeting …

Adani Power Q3 Results: Net Profit Increases 7% YoY To Rs 2,940 Crore
Trending News
1 month, 3 weeks ago

Adani Power Q3 Results: Net Profit Increases 7% YoY To Rs 2,940 Crore

ABP News  

Adani Power reported a 7 per cent year-on-year increase in its consolidated net profit for the third quarter of FY25, ending December, which stood at Rs 2,940.07 crore. The company’s consolidated revenue from operations for Q3FY25 was Rs 13,671.18 crore, marking a 5.23 per cent year-on-year increase from Rs 12,991.44 crore in Q3FY24. The company stated that its earnings before …

Apar Industries Q3 Results 2025 on 29 Jan, 2025: profit falls by 70.3% YOY, profit at ₹174.91 crore and revenue at ₹4716.42 crore
Trending News
1 month, 3 weeks ago

Apar Industries Q3 Results 2025 on 29 Jan, 2025: profit falls by 70.3% YOY, profit at ₹174.91 crore and revenue at ₹4716.42 crore

Live Mint  

Apar Industries Q3 Results 2025:Apar Industries declared their Q3 results on 28 Jan, 2025. In comparison to the previous quarter, Apar Industries experienced a slight revenue growth of 1.55%, while profit saw a decrease of 9.76%. Apar Industries Q3 Results Operating income was also impacted, showing a decline of 0.54% q-o-q and a substantial decrease of 68.26% YoY. Apar Industries …

Adani Wilmar Q3 profit more than doubles to ₹411 crore
1 month, 3 weeks ago

Adani Wilmar Q3 profit more than doubles to ₹411 crore

The Hindu  

Adani Wilmar on Monday posted over a twofold jump in consolidated net profit at ₹410.93 crore for December quarter 2024-25 on strong edible oil sales. Revenue from edible oil segment increased to ₹13,386.71 crore from ₹9,710.82 crore in the year-ago period. Adani Wilmar Managing Director and CEO Angshu Mallick said, "The company has been delivering strong profits over the last …

Adani Total Gas Q3 Results: Net profit declines 19% year on year to ₹142.38 crore: share price down 4%
1 month, 3 weeks ago

Adani Total Gas Q3 Results: Net profit declines 19% year on year to ₹142.38 crore: share price down 4%

Live Mint  

Q3 results: Adani Total Gas reported net profit for the quarter ending December 2024 at the consolidated level, declined 19.4% year on year to ₹142.38 crore compared to ₹176.64 crore in the corresponding quarter last year Adani Total Gas revenues from operations on the other hand at ₹1400.88 crore during the October- December 2024 quarter grew 12.5% compared to ₹1244 …

Adani Wilmar Q3 Results: Net profit jumps 105% YoY to ₹411 crore; revenue surges 31%
1 month, 3 weeks ago

Adani Wilmar Q3 Results: Net profit jumps 105% YoY to ₹411 crore; revenue surges 31%

Live Mint  

Adani Wilmar Q3 results: Adani Wilmar released its December quarter performance today, January 27, reporting a 105% jump in its consolidated net profit to ₹411 crore in Q3FY25, which is the highest-ever quarterly PAT for the company. The company recorded revenue of ₹16,859 crore in Q3FY25, representing a growth of 31% YoY, with an underlying volume growth of 5% YoY. …

Adani Green Energy Q3 Results 2025 on 25 Jan, 2025: profit rise by 92.19% YOY, profit at ₹492 crore and revenue at ₹2365 crore
1 month, 3 weeks ago

Adani Green Energy Q3 Results 2025 on 25 Jan, 2025: profit rise by 92.19% YOY, profit at ₹492 crore and revenue at ₹2365 crore

Live Mint  

Adani Green Energy Q3 Results 2025:Adani Green Energy declared their Q3 results on 23 Jan, 2025, showcasing a significant growth in their financial performance. Adani Green Energy Q3 Results The operating income also saw a decrease of 17.98% quarter-over-quarter, while it managed to increase by 9.99% year-over-year. In the stock market, Adani Green Energy has faced challenging times, delivering a …

Adani Group shares rise as Hindenburg founder disbands short-seller
2 months, 1 week ago

Adani Group shares rise as Hindenburg founder disbands short-seller

The Hindu  

Adani Group company shares rose sharply on Thursday morning at stock exchanges hours after Hindenburg Research founder Nate Anderson announced his decision to disband the entity. On Wednesday Mr. Anderson said that it has completed the projects it was handling.he plan has been to wind up after we finished the pipeline of ideas we were working on,” Anderson said Wednesday. …

Adani Green Energy share price extends rally to 2nd day, jumps another 7%. Here’s why
Top News
2 months, 1 week ago

Adani Green Energy share price extends rally to 2nd day, jumps another 7%. Here’s why

Live Mint  

Shares of Adani Green Energy are buzzing in trade on Wednesday, January 15, as the stock spiked another 7.35% to ₹1,080 apiece, driven by multiple positive developments. On Tuesday, the company informed investors through an exchange filing that its step-down subsidiary, Adani Renewable Energy Forty Eight, has commissioned a 57.2 MW wind power component of its wind-solar hybrid project at …

Stocks to Watch: Adani Green, HDFC AMC, Hindustan Zinc, Adani Energy, and IRFC
Trending News
2 months, 1 week ago

Stocks to Watch: Adani Green, HDFC AMC, Hindustan Zinc, Adani Energy, and IRFC

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. HDFC AMC: HDFC Asset Management Company's net profit surged 31.4 percent to ₹641.4 crore in the third quarter of FY25, compared to ₹488 crore in the same quarter last year. Hathway Cable: Hathway Cable & Datacom Ltd reported a 39.3 percent year-on-year decline in net profit …

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED
Trending News
2 months, 1 week ago

Adani Power, Adani Green to Adani Enterprises — Why are Adani group shares skyrocketing? EXPLAINED

Live Mint  

Shares of Adani group companies witnessed strong buying action in trade on Tuesday, January 14, with all the group companies trading in the green. According to market experts, the rise in Adani group shares follows a speculative buzz around fundraising plans. Adani group shares are rising due to speculative buzz about the fundraising, said Anshul Jain, Head of Research at …

Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
2 months, 2 weeks ago

Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS

Live Mint  

Shares of Adani Wilmar fell 9.5% in early trade on January 10, hitting ₹292.65 per share. The OFS price has been set at ₹275 per share, representing a 15% discount compared to Adani Wilmar's closing price on Thursday. As part of this plan, the company intended to sell a 13.5 per cent stake to meet the minimum public shareholding requirements, …

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
2 months, 2 weeks ago

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275

Live Mint  

FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale. Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5 per cent stake, equivalent to 17.54 crore shares, through …

Adani Wilmar stocks recover as share price rises 5% in ealry trade
2 months, 3 weeks ago

Adani Wilmar stocks recover as share price rises 5% in ealry trade

India Today  

Shares of Adani Wilmar rebounded in early trading on Wednesday, climbing nearly 5% to reach a high of Rs 323.50 after having closed at Rs 308.25 in the previous session. This recovery follows a sharp decline of 7% on Tuesday after Adani Enterprises Ltd announced its decision to sell its entire 44% stake in Adani Wilmar Ltd. Adani Enterprises, the …

Stock to buy for long-term: Ventura sees 50% upside in this Adani stock over 2 years
2 months, 3 weeks ago

Stock to buy for long-term: Ventura sees 50% upside in this Adani stock over 2 years

Live Mint  

Stock to buy for long-term: Adani Enterprises, a diversified conglomerate, has faced a challenging year in 2024, with its stock down by 11 per cent year-to-date. However, brokerage firm Ventura Securities believes the company is poised for a strong recovery and could deliver a potential upside of around 50 per cent over the next two years. Adani Enterprises Target Price …

Mint Quick Edit | Adani’s food JV exit isn’t hard to understand
2 months, 3 weeks ago

Mint Quick Edit | Adani’s food JV exit isn’t hard to understand

Live Mint  

Adani Enterprises Ltd is set to sell its entire 44% stake in Adani Wilmar Ltd, its joint venture with the Singapore-based food processing company Wilmar International. Lence Pte, a unit of Wilmar International, will buy 31% of Adani Wilmar’s shares held by Adani Commodities, a unit of Adani Enterprises, which will offload its own 13% holding. As a consumer-facing business, …

Adani Enterprises exits JV with Adani Wilmar, raises $2 billion for investment in core infrastructure
2 months, 3 weeks ago

Adani Enterprises exits JV with Adani Wilmar, raises $2 billion for investment in core infrastructure

Op India  

Adani Enterprises has fully exited its joint venture with Adani Wilmar by selling its 13% stake to comply with minimum public shareholding requirements, according to a media statement released by the business group. Adani Enterprises, Adani Commodities LLP, and Wilmar International’s subsidiary Lence reached an agreement where Lence will acquire the 31.06% stake in Adani Wilmar previously held by ACL, …

Adani Enterprises to exit JV with Wilmar in first big move since US indictment
Trending News
2 months, 3 weeks ago

Adani Enterprises to exit JV with Wilmar in first big move since US indictment

Hindustan Times  

Adani Enterprises Limited on Monday announced its decision to exit its joint venture with Wilmar International Limited through a comprehensive divestment of its stake in Adani Wilmar Limited, the company said in a statement. This marks the Gautam Adani-led company’s first significant transaction since the US Department of Justice indicted the Adani Group in November. With this, the Adani Group …

Adani Enterprises to fully exit Adani Wilmar JV; check details here
2 months, 3 weeks ago

Adani Enterprises to fully exit Adani Wilmar JV; check details here

Live Mint  

Adani Enterprises Ltd is exiting its 26-year joint venture with Singapore's Wilmar group, raising over $2 billion that it will invest in core businesses such as energy and utilities. The Adani Group flagship on Monday said it will sell its entire 43.94% stake in Adani Wilmar Ltd-31.06% stake to its partner Wilmar International, and the balance to the public. Adani …

Adani Enterprises to sell entire Adani Wilmar stake in $2 billion deal
Trending News
2 months, 3 weeks ago

Adani Enterprises to sell entire Adani Wilmar stake in $2 billion deal

India Today  

Adani Enterprises Ltd announced on Monday its decision to completely exit its 44% stake in Adani Wilmar Ltd. The stake sale will be executed in two phases: the first involves selling shares to Wilmar International’s subsidiary, Lence Pte Ltd, while the second entails a partial divestment to meet minimum public shareholding requirements. Adani Enterprises and its wholly-owned subsidiary, Adani Commodities …

Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?
2 months, 3 weeks ago

Adani Power, Adani Ports to Adani Green: Adani group stocks rise up to 5%. Do you own any?

Live Mint  

Adani Group stocks saw a decent rally on Thursday, with shares rising up to 5% amid strong buying momentum. Among Adani group shares, the biggest gainer was Adani Green Energy stock, followed by Adani Power shares. The gains Adani Group stocks today came at a time when the Indian stock market benchmark indices, Sensex and Nifty 50, are trading flat …

Stocks to watch today: Wipro, Vedanta, Adani Enterprises, TVS Motor
3 months ago

Stocks to watch today: Wipro, Vedanta, Adani Enterprises, TVS Motor

India Today  

The stock market showed signs of recovery, with benchmark indices closing higher on Monday. Among them are Vedanta, Prestige Estates, Wipro, Adani Enterprises, and TVS Motor. Prestige Estates Prestige Estates is in the spotlight as the company, along with RC Group and Valor Estate, is reportedly in advanced discussions to undertake one of Mumbai’s largest cluster redevelopment projects involving public …

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value
3 months ago

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value

New Indian Express  

Adani Defence Systems & Technologies Ltd is acquiring 85.8% shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint, said the Adani Group in a statement on Monday. ADSTL will acquire the Air Works stake at an Enterprise Value of Rs 400 crore. Air Works offers an end-to-end bouquet of aviation services spanning line maintenance, …

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors
3 months, 2 weeks ago

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors

India TV News  

Rising Rajasthan Global Summit: The Adani Group is planning to invest Rs 7.5 lakh crore across various sectors in Rajasthan, said Karan Adani, Managing Director of Adani Ports and SEZ Ltd on Monday at the Rising Rajasthan Global Summit held on Monday at the Jaipur Exhibition and Convention Centre in Sitapura. While speaking at the Rising Rajasthan Summit, Karan Adani …

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
3 months, 2 weeks ago

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge

ABP News  

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports and Special Economic Zone leading the charge with a 6.02 per cent gain, emerging as the top performer among Sensex and Nifty firms. Other Adani Group stocks also witnessed upward movement on the BSE, with Ambuja Cements rising 5.15 per cent, ACC climbing 2.56 per cent, Adani …

Adani Green Energy shares jump 9% in morning trade
3 months, 3 weeks ago

Adani Green Energy shares jump 9% in morning trade

The Hindu  

Shares of Adani Green Energy jumped 9% on Monday morning after Adani group chairman Gautam Adani said his conglomerate was committed to compliances and "every attack makes us stronger" amid recent allegations and his indictment in the U.S. Adani Total Gas was trading at ₹774.45, down 4.57%, Adani Energy Solutions at ₹805.60, decline of 4.16%, Adani Enterprises ₹2,428.20, a fall …

Adani group stocks gain up to 14% for third day in a row: Adani Green Energy , Adani Energy Solutions lead the gains
3 months, 3 weeks ago

Adani group stocks gain up to 14% for third day in a row: Adani Green Energy , Adani Energy Solutions lead the gains

Live Mint  

Stock Market today: Adani group companies saw their share price gain up to 14% for third day in a row. Adani Green Energy Ltd share price led the gains rising up to 14% in the morning trades on Friday. Adani Total Gas share price saw rise of up to 5% closely followed by Adani Power share price seeing similar gains …

Adani group loans: Indian lenders kick off a review
3 months, 3 weeks ago

Adani group loans: Indian lenders kick off a review

The Hindu  

Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group's billionaire founder Gautam Adani was indicted by U.S. authorities over an alleged $265 million bribery scheme. Adani Group's listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered …

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

Adani Group firms surge; Adani Total, Adani Power soar nearly 20 pc
3 months, 3 weeks ago

Adani Group firms surge; Adani Total, Adani Power soar nearly 20 pc

Deccan Chronicle  

New Delhi: Shares of all Adani Group firms ended sharply higher on Wednesday, with Adani Total Gas and Adani Power soaring nearly 20 per cent, bouncing back from the previous day's fall. The stock of Adani Total Gas surged 19.76 per cent, Adani Power soared 19.66 per cent, Adani Enterprises zoomed 11.56 per cent, Adani Energy Solutions jumped 10 per …

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer
3 months, 3 weeks ago

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer

Live Mint  

Stock Market Today: Adani group stocks rebounded on Wednesday, gaining up to 16% post clarification issued by Adani Green Energy regarding bribery charges against Gautam Adani and others. Adani Total Gas share price surged 16% and was the top gainer, followed by Adani Power and Adani Green, whose share price skyrocketed up to 8%. Adani Group stocks rise up to …

Adani Group stocks gain up to 17% after clarification on US bribery charge
3 months, 3 weeks ago

Adani Group stocks gain up to 17% after clarification on US bribery charge

India Today  

Shares of Adani Group companies, including Adani Green Energy Ltd, Adani Power Ltd, Adani Energy Solutions Ltd, and Adani Enterprises Ltd, saw gains in Wednesday's trade. ADANI GROUP STOCKS GAIN SHARPLY Adani Green Energy shares were trading at Rs 988.40, up 10% as of 11 AM. Adani Total Gas Ltd rose 17.68% to Rs 681.95, Adani Wilmar Ltd increased 9.28% …

Nine Adani group firms climb in early trade; NDTV shares goes lower by 2%
3 months, 3 weeks ago

Nine Adani group firms climb in early trade; NDTV shares goes lower by 2%

The Hindu  

Shares of nine of the ten Adani group firms climbed on the bourses in morning trade on Monday, with Adani Energy Solutions surging nearly 7%, in-tandem with a rally in the equity market. The stock of Adani Energy Solutions jumped 6.89%, Adani Green Energy soared 6.42%, Adani Total Gas surged 5.33%, Adani Ports climbed 4.64% and Adani Power rallied 4.17% …

Adani Portfolio Delivers Record H1 And TTM Performance
3 months, 3 weeks ago

Adani Portfolio Delivers Record H1 And TTM Performance

ABP News  

Adani Group, one of India’s leading infrastructure conglomerate, on Monday announced the release of Adani Portfolio's H1 FY25 and Trailing-Twelve-Month Results and Credit Compendium. The strong performance in the first half was led by Adani Enterprises; emerging infra businesses, including solar and wind manufacturing, part of a fully integrated green hydrogen chain, airports and roads — EBITDA from these incubating …

Amid row, Adani touts financial muscle, shows can grow without external debt
3 months, 3 weeks ago

Amid row, Adani touts financial muscle, shows can grow without external debt

Deccan Chronicle  

Billionaire Gautam Adani's conglomerate on Monday touted the financial and credit details of its portfolio companies to investors, showcasing its robust profits and cash flows that can sustain growth without reliance on external debt. In the past six months, the group invested close to Rs 75,227 crore against a total debt increase of only Rs 16,882 crore.A note was also …

Adani Group shares trade lower for second consecutive day amid US bribery allegations
4 months ago

Adani Group shares trade lower for second consecutive day amid US bribery allegations

India TV News  

Shares of eight out of ten listed Adani Group companies witnessed a sharp decline during Friday’s morning trade following charges against billionaire Gautam Adani by US prosecutors. Shares of Adani Power tanked 6.38 per cent, Adani Total Gas went lower by 6.11 per cent, Adani Ports declined 5.31 per cent, Adani Wilmar plunged 5.17 per cent to hit the one-year …

Live tracking Adani Stocks: Six Adani stocks recover on Friday
4 months 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 …

LIC loses nearly ₹12,000 crore in seven Adani shares in a day on Gautam Adani’s civil indictment news. Here’s how
4 months ago

LIC loses nearly ₹12,000 crore in seven Adani shares in a day on Gautam Adani’s civil indictment news. Here’s how

Live Mint  

Adani Group Stocks: Life Insurance Corporation of India, the country’s largest domestic institutional investor, saw its holdings in seven Adani stocks drop by nearly ₹12,000 crore following a sharp decline in group shares. According to a Reuters report, U.S. authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to …

Adani Group Shares Crash 20 Per Cent Amid US SEC Bribery And Fraud Allegations
4 months ago

Adani Group Shares Crash 20 Per Cent Amid US SEC Bribery And Fraud Allegations

ABP News  

Adani Group share price: Adani Group stocks saw losses on Thursday after US federal prosecutors filed bribery charges against the conglomerate's founder, Gautam Adani. Shares of major group firms, including Adani Enterprises, Adani Green Energy, and Adani Energy Solutions, witnessed declines of 10-20 per cent in early trade on Thursday. Adani Green Energy shares plunged 17 per cent to Rs …

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

Explained: Why Adani Enterprises shares fell 15% today
4 months ago

Explained: Why Adani Enterprises shares fell 15% today

India Today  

Shares of Adnai Enterprises crashed 15% in early trade to Rs 2,398.25 on Thursday. The fall in shares came after billionaire Gautam Adani, chairman of the Adani Group, was charged in New York in connection with an alleged multibillion-dollar bribery and fraud scheme, according to US prosecutors, reported news agency Reuters. The charges allege that Adani, along with seven other …

Adani Group to invest $10 billion in US energy and infrastructure projects
4 months, 1 week ago

Adani Group to invest $10 billion in US energy and infrastructure projects

Live Mint  

Adani Group founder and chairman Gautam Adani said in a social media post on platform X on Wednesday, November 13, that the company will invest $10 billion in energy and infrastructure projects in the United States. The Adani Group Chair announced the company's aims to expand the partnership between India and the United States by leveraging its global expertise and …

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