This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results
1 year, 10 months ago

This Adani Group stock gets ’Buy’ tag from brokerages post in-line Q3 results

Live Mint  

Cement maker ACC Ltd's Q3 FY23 EBITDA declined 32% from the year ago quarter, with blended EBITDA/ton also declining similarly, both being broadly in line with analysts estimates. The company reported a net profit of ₹113 crore during the December 2022 quarter, down 60% year-on-year, on higher costs, flat cement prices and stagnant volume growth, whereas its revenue was up 7% from the same quarter previous year at ₹4,537 crore. Diversifying its business, Adani Group last year bought cement firms ACC and Ambuja Cements after announcing acquisition of Holcim's stake in Ambuja and stake in ACC. Another brokerage ICICI Securities has upgraded the cement stock's rating to BUY with a target price of ₹2,460 per share.

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History of this topic

India Cements share price surges 11% to 52-week high on CCI nod to UltraTech deal
Top News
1 day, 16 hours ago

India Cements share price surges 11% to 52-week high on CCI nod to UltraTech deal

Live Mint  

India Cements share price jumped 11% to reach a new 52-week peak during Monday's trading session after the announcement that the Competition Commission of India has sanctioned UltraTech Cement Limited's acquisition of The India Cements Limited. The proposed arrangement involves UltraTech Cement Limited purchasing 32.72 percent of the paid-up equity share capital of The India Cements Limited from its promoters …

₹1.90 to ₹59: Penny stock turns into multibagger, rises 3,000% in 4 years
3 weeks ago

₹1.90 to ₹59: Penny stock turns into multibagger, rises 3,000% in 4 years

Live Mint  

One Point One Solutions has witnessed a remarkable surge in its share price on Dalal Street, growing exponentially in a short span of time and establishing itself as one of the largest wealth creators in recent history. The company's stock, which was trading at just ₹1.91 four years ago, has skyrocketed by an astounding 3,000 per cent to its current …

Adani Green Energy share price rises 9%: Here are key factors driving 50% gains for the stock in 4 sessions
Trending News
3 weeks, 1 day ago

Adani Green Energy share price rises 9%: Here are key factors driving 50% gains for the stock in 4 sessions

Live Mint  

Stock Market Today: Adani Green Energy share price gained up to 9% in morning trades on Monday. Adani Green Energy share price opened at ₹1364.00 on the BSE on Monday, almost 3% higher than previous close of ₹1324.55. The Adani Green energy share price thereafter gained further to intraday highs of ₹1445, marking gains of 9%. Among various rating agencies, …

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, 4 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 Green Energy Share Price Today on 29-11-2024: Adani Green Energy share price are up by 10.65%, Nifty up by 0.88%
3 weeks, 4 days ago

Adani Green Energy Share Price Today on 29-11-2024: Adani Green Energy share price are up by 10.65%, Nifty up by 0.88%

Live Mint  

Adani Green Energy Share Price Today on 29-11-2024: At 29 Nov 11:09 today, Adani Green Energy shares are trading at price ₹1204.05, 10.65% up 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 …

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer
3 weeks, 6 days 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 Green Energy Share Price Today on 27-11-2024: Adani Green Energy share price are up by 3.68%, Nifty up by 0.05%
3 weeks, 6 days ago

Adani Green Energy Share Price Today on 27-11-2024: Adani Green Energy share price are up by 3.68%, Nifty up by 0.05%

Live Mint  

Adani Green Energy Share Price Today on 27-11-2024: At 27 Nov 11:20 today, Adani Green Energy shares are trading at price ₹932.5, 3.68% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Total Gas Share Price Today on 26-11-2024: Adani Total Gas share price are down by -1.2%, Nifty down by -0.05%
4 weeks ago

Adani Total Gas Share Price Today on 26-11-2024: Adani Total Gas share price are down by -1.2%, Nifty down by -0.05%

Live Mint  

Adani Total Gas Share Price Today on 26-11-2024: At 26 Nov 11:24 today, Adani Total Gas shares are trading at price ₹593.55, -1.2% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Green Energy Share Price Today on 26-11-2024: Adani Green Energy share price are down by -6%, Nifty down by -0.01%
Top News
4 weeks ago

Adani Green Energy Share Price Today on 26-11-2024: Adani Green Energy share price are down by -6%, Nifty down by -0.01%

Live Mint  

Adani Green Energy Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Adani Green Energy shares are trading at price ₹909.55, -6% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Green Energy Share Price Today on 25-11-2024: Adani Green Energy share price are up by 1.2%, Nifty up by 1.82%
4 weeks, 1 day ago

Adani Green Energy Share Price Today on 25-11-2024: Adani Green Energy share price are up by 1.2%, Nifty up by 1.82%

Live Mint  

Adani Green Energy Share Price Today on 25-11-2024: At 25 Nov 11:22 today, Adani Green Energy shares are trading at price ₹1065, 1.2% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Ent Share Price Today on 25-11-2024: Adani Ent share price are up by 3.57%, Nifty up by 1.81%
4 weeks, 1 day ago

Adani Ent Share Price Today on 25-11-2024: Adani Ent share price are up by 3.57%, Nifty up by 1.81%

Live Mint  

Adani Ent Share Price Today on 25-11-2024: At 25 Nov 11:17 today, Adani Ent shares are trading at price ₹2309.25, 3.57% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Adani Green Energy Share Price Today on 22-11-2024: Adani Green Energy share price are up by 0.14%, Nifty up by 1.19%
1 month ago

Adani Green Energy Share Price Today on 22-11-2024: Adani Green Energy share price are up by 0.14%, Nifty up by 1.19%

Live Mint  

Adani Green Energy Share Price Today on 22-11-2024: At 22 Nov 12:33 today, Adani Green Energy shares are trading at price ₹1148, 0.14% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Ent Share Price Today on 22-11-2024: Adani Ent share price are up by 4.6%, Nifty up by 0.94%
1 month ago

Adani Ent Share Price Today on 22-11-2024: Adani Ent share price are up by 4.6%, Nifty up by 0.94%

Live Mint  

Adani Ent Share Price Today on 22-11-2024: At 22 Nov 12:07 today, Adani Ent shares are trading at price ₹2283, 4.6% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Stocks to buy for long term: Pankaj Pandey of ICICI Securities recommends these 5 shares to buy, expects 22-54% upside
1 month ago

Stocks to buy for long term: Pankaj Pandey of ICICI Securities recommends these 5 shares to buy, expects 22-54% upside

Live Mint  

Stocks to buy for long term: Nifty 50, the benchmark index of the Indian stock market, has seen significant selling pressure of late. Take a look: Natco Pharma | Previous close: ₹ 1,364.65 | Target price: ₹ 1,680 | Upside potential: 23% Natco specialises in manufacturing complex generic products with few competitors, especially for the US market. Industry in-line credit …

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?
1 month ago

Delhivery share price rallies 4% after posting net profit for second consecutive quarter. Should you buy the stock?

Live Mint  

Delhivery share price rallied nearly 4% on Monday after the logistics company reported net profit for the second quarter in a row. Delhivery reported a consolidated net profit of ₹10.2 crore in the second quarter ended September 30, as against a loss of ₹103 crore in the year ago period. It retained a ‘Buy’ call on Delhivery shares and cut …

Adani Green Energy Share Price Today on 13-11-2024: Adani Green Energy share price are down by -3.43%, Nifty down by -1.36%
1 month, 1 week ago

Adani Green Energy Share Price Today on 13-11-2024: Adani Green Energy share price are down by -3.43%, Nifty down by -1.36%

Live Mint  

Adani Green Energy Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Adani Green Energy shares are trading at price ₹1469.25, -3.43% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Green Energy Share Price Today on 11-11-2024: Adani Green Energy share price are down by -2.48%, Nifty down by -0.03%
1 month, 1 week ago

Adani Green Energy Share Price Today on 11-11-2024: Adani Green Energy share price are down by -2.48%, Nifty down by -0.03%

Live Mint  

Adani Green Energy Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Adani Green Energy shares are trading at price ₹1555, -2.48% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

Adani Ent Shares Dip as Technical and Fundamental Indicators Signal Downtrend
1 month, 3 weeks ago

Adani Ent Shares Dip as Technical and Fundamental Indicators Signal Downtrend

Live Mint  

Adani Ent shares are trading up by 3.39% today, with the stock price reaching a high of ₹2797.15 and a low of ₹2670.8. The stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The company has a ROE of 8.98%, a …

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 …

ICICI Lombard share price jumps over 5% after strong Q4 results; Should you buy, sell or hold the stock?
8 months ago

ICICI Lombard share price jumps over 5% after strong Q4 results; Should you buy, sell or hold the stock?

Live Mint  

ICICI Lombard share price jumped over 5% in early trade on Wednesday after the company reported strong earnings for the fourth quarter of FY24. Kotak Institutional Equities believes ICICI Lombard has fared well due to a combination of a better pricing environment and better risk management. The brokerage firm revised up its estimates by 3-4%, and retained a ‘Reduce’ call …

IndiGo share price hits 52-week high as UBS remains bullish, raises target price on stock
8 months, 4 weeks ago

IndiGo share price hits 52-week high as UBS remains bullish, raises target price on stock

Live Mint  

IndiGo share price gained over 6% to hit a 52-week high on Tuesday after foreign brokerage firm UBS raised the target price on the stock. UBS maintained its positive stance on IndiGo considering the strong growth prospects of the Indian aviation industry, share gains in international travel, efficient cost structure and operational excellence. It maintained a Buy rating on IndiGo …

SBI Cards, NMDC and more: ICICIdirect lists 7 stock picks for 2024
11 months, 3 weeks ago

SBI Cards, NMDC and more: ICICIdirect lists 7 stock picks for 2024

Live Mint  

Domestic equity benchmarks Sensex and Nifty 50 ended flat on the first trading of the new year 2024 while the second rung midcap and smallcap indices clocked healthy gains. 5.Greenply Industries--Target Price: ₹ 295 The company expects 8-10 per cent plywood volume growth in FY24. 6.Birla Corporation--Target Price: ₹ 1,755 On the account of new capacity addition, company’s volume growth …

Emkay Global raises IndusInd Bank share price target; here’s why
1 year ago

Emkay Global raises IndusInd Bank share price target; here’s why

Live Mint  

IndusInd Bank is building a strong retail franchise along with a balanced credit portfolio mix which will help the private sector lender to deliver sustainable and profitable growth, analysts said. The bank’s management re-emphasized that building a strong retail franchisee is going to be the topmost focus area for the bank over the next 2-3 years and, thus, it aims …

Bharat Electronics, Astra Microwave, BDL among top defence stocks to buy
1 year, 3 months ago

Bharat Electronics, Astra Microwave, BDL among top defence stocks to buy

Live Mint  

Defence stocks have garnered significant attention from Dalal Street investors, driven by a sense of optimism stemming from several key factors including the surge in exports, robust order books, and a positive outlook over fillip to domestic manufacturing capabilities along with the localization campaign within the defense sector. Progress is being made on development and acquisition of fighter aircraft along …

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 …

ACC Q1 results beat estimates; brokerages raise targets
1 year, 4 months ago

ACC Q1 results beat estimates; brokerages raise targets

Live Mint  

ACC share price rose more than 1% on Friday after the company reported robust Q1 results with net profit doubling during the quarter. Citi has a ‘Buy’ rating on ACC and raised the target price to ₹2,350 per share from ₹2,150 earlier as ACC Q1 results beat Citi’s estimates. UBS has a ‘Buy’ call on ACC and it raised the …

Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years
1 year, 5 months ago

Adani group eyes robust growth, shares ₹90,000 crore EBITDA target for 2-3 years

Hindustan Times  

Embattled Adani group is eyeing a 20 per cent year-on-year growth in pre-tax profits to reach ₹90,000 crore EBITDA in 2-3 years on the back of robust growth in businesses ranging from airports to energy, according to notes in an investor presentation. Adani is expected to see an increase of more than 20 per cent in EBITDA on a consolidated …

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. …

Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why
1 year, 7 months ago

Anand Rathi Securities upgrades Dilip Buildcon to Buy; Here’s why

Live Mint  

Brokerage house, Anand Rathi Securities has raised Dilip Buildcon's recommendation from 'hold' to 'buy' and set a target price of ₹255, which translates to a 57% rise from the current price. The brokerage in its report further added that the company's operating profitability was below average, but the older order book's declining margin drag and rising contribution from current orders …

Indian Hotels raises the bar a little amid good momentum
1 year, 7 months ago

Indian Hotels raises the bar a little amid good momentum

Live Mint  

The Indian Hotels Co. Ltd ’s progress towards its goals set under the Ahvaan strategy 2025 is encouraging. What is more, in the recently held annual analysts and investors meet known as Capital Market Day, IHCL has revised some of the guidance under Ahvaan targets slightly upwards. While it is on track to reach its Ahvaan target of more than …

IGL up 19% in 2023 but brokerages bearish on the stock; here’s why
1 year, 7 months ago

IGL up 19% in 2023 but brokerages bearish on the stock; here’s why

Live Mint  

Shares of Indraprastha Gas have strongly outperformed the benchmark Sensex this year so far but many analysts and brokerage firms believe the road ahead may not be smooth for the stock. IGL announced its Q4FY23 results on May 12, reporting a net profit of ₹329.13 crore - a decline of 8 per cent compared to ₹363.08 crore in the corresponding …

Jhunjhunwala portfolio stock: ICICI Securities initiates coverage with ’Buy’ tag
1 year, 9 months ago

Jhunjhunwala portfolio stock: ICICI Securities initiates coverage with ’Buy’ tag

Live Mint  

Nazara Technologies has corrected 70 per cent from its peak of ₹1,601 and is now trading at an all-time low of ₹486, said domestic brokerage house ICICI Securities in a research note. Given the visibility of strong revenue growth in eSports and gradual profitability improvement in gamified early learning, the brokerage house has initiated coverage on Nazara Technologies shares with …

FIIs make big bang buying of nearly ₹12,771 cr in 1 day. Here’s why
1 year, 9 months ago

FIIs make big bang buying of nearly ₹12,771 cr in 1 day. Here’s why

Live Mint  

Foreign institutional investors made a big bang buying on Thursday in Indian equities to a whopping nearly ₹12,771 crore. However, it needs to be noted that the latest FIIs inflow also has likely included large bulk deals in four Adani stocks. As per NSE data, FIIs buying value was at ₹20,596.11 crore, while they sold ₹7,825.30 crore --- registering an …

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?
1 year, 10 months ago

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?

Live Mint  

Logistics firm Delhivery net loss widened to ₹195.7 crore for the third quarter ended December 2022 as compared to a loss of ₹127 crore in the yea-ago quarter. We believe B2B, operating leverage and low e-commerce penetration driven growth are being underestimated,” said global brokerage Jefferies which has maintained its Buy tag on Delhivery shares with a target price of …

2 Adani Group stocks to buy as Jefferies remains bullish post Q3 results
1 year, 10 months ago

2 Adani Group stocks to buy as Jefferies remains bullish post Q3 results

Live Mint  

After their respective earnings for the third quarter ended December 2022, global brokerage Jefferies has recommended Buy ratings on two Adani Group stocks - Adani Ports and Special Economic Zone and Ambuja Cements. Jefferies on Ambuja Cements "Ambuja Cements management on results call indicated: around ₹100 bn capex over 18 mths on major efficiency initiatives/Cap upgrades; reiterated stance to double …

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 …

Adani’s FPO fully subscribed as high net worth individuals offset retail wariness
1 year, 10 months ago

Adani’s FPO fully subscribed as high net worth individuals offset retail wariness

The Hindu  

The ₹20,000 crore follow-on public offer from Adani Enterprises Ltd. was fully subscribed on the last day of the record share sale on Tuesday, after high net worth individuals and institutional investors bid strongly and more than made up for a poor to tepid response from retail investors and employees. The successful conclusion of the Adani Group flagship company’s FPO …

Adani Enterprises shares rise in early trade but other group stocks plunge after short-seller attack
1 year, 10 months ago

Adani Enterprises shares rise in early trade but other group stocks plunge after short-seller attack

The Hindu  

Shares in India's Adani Enterprises rose as much as 9.5% on January 30 but those of several other group companies plunged for the third straight day, extending their losses after a U.S. short-seller's report that criticised the group. Adani has locked horns with U.S.-based Hindenburg Research and on January 29 rebutted its report that flagged concerns about debt levels and …

Adani green share price: Stock hits high of Rs 2,500 | Check latest
2 years, 8 months ago

Adani green share price: Stock hits high of Rs 2,500 | Check latest

India Today  

Adani green energy share price on Monday jumped by over seven per cent on both BSE Sensex and NSE Nifty. ADANI GREEN ENERGY SHARE PRICE Adani Green Energy's share price rose by 7.49 per cent to Rs 2498 on BSE. On NSE, the share price of Adani Green Energy was up by 7.51 per cent to Rs 2,496. To check …

Adani Ports Stock Price Rises to 52-week High After Brokerages Revise Target Price
4 years ago

Adani Ports Stock Price Rises to 52-week High After Brokerages Revise Target Price

News 18  

Adani Ports and Special Economic Zone share seems to be performing well as it moved up in the early trade today, touching a 52-week high of Rs 467.90. CLSA, a research house, suggested a buy, raising EPS 12 per cent over FY22-23CL and enhancing target price to Rs 540 from Rs 425, reported moneycontrol.com. Jefferies has also increased the target …

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