Adani Enterprises stock recovers $30 billion lost after Hindenburg report
6 months, 4 weeks 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 Enterprises stock rose 1.7% to 3,445.05 today and has almost tripled since its fall in February 2023. This comes as analysts expect Adani Enterprises’ stock to be included in the benchmark S&P BSE Sensex Index in June which could potentially bring passive flows. Besides Adani Enterprises, at least five of the 10 listed Adani group stocks are trading above the levels seen before the Hindenburg report.

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History of this topic

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans
1 week, 5 days ago

Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans

Live Mint  

The Adani Group has initiated talks with a clutch of investors and banks to refinance $1.1 billion worth of loans of Adani Green Energy Ltd, two persons aware of the discussions said on condition of anonymity. “While the dollar market offers higher tenures, domestic institutions are also offering meaningful long tenures of 10-15 years for extending the refinancing facility," said …

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals
1 week, 5 days ago

Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals

Hindustan Times  

Shares of six Adani Group firms, out of 11 listed companies, declined in the mid-session deals on Wednesday, with Adani Green Energy falling more than 2 per cent. The scrip of Adani Green Energy slipped 2.46 per cent to ₹1,147.30 apiece, Adani Ports and Special Economic Zone was down by 1.13 per cent, Adani Power, Adani Energy Solutions and Adani …

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
2 weeks, 6 days 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 Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
3 weeks ago

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience

ABP News  

Shares of Adani Green Energy Ltd witnessed a sharp jump of 9 per cent on Monday, trading at Rs 1,445 on the BSE, following a defiant statement from Adani Group chairman Gautam Adani. Performance of Adani Group Stocks While Adani Green Energy saw significant gains, other group stocks showed mixed results: Adani Ports rose 2 per cent, Ambuja Cements gained …

Adani Green, Adani Energy Solutions jump after F&O inclusion
3 weeks, 3 days ago

Adani Green, Adani Energy Solutions jump after F&O inclusion

Live Mint  

The inclusion of Adani Green Energy and Adani Energy Solutions in the futures and options segment of the National Stock Exchange drew huge participation from traders and investors, sending these two stocks soaring. Friday's outsized gains helped the shares of Adani Green Energy and Adani Energy Solutions contribute the most to investor wealth creation within the eleven Adani group's listed …

Adani Power Share Price Today on 29-11-2024: Adani Power share price are down by -1.11%, Nifty up by 0.88%
3 weeks, 3 days ago

Adani Power Share Price Today on 29-11-2024: Adani Power share price are down by -1.11%, Nifty up by 0.88%

Live Mint  

Adani Power Share Price Today on 29-11-2024: At 29 Nov 11:24 today, Adani Power shares are trading at price ₹554, -1.11% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Adani Wilmar Share Price Today on 29-11-2024: Adani Wilmar share price are down by -1.08%, Nifty up by 0.92%
3 weeks, 3 days ago

Adani Wilmar Share Price Today on 29-11-2024: Adani Wilmar share price are down by -1.08%, Nifty up by 0.92%

Live Mint  

Adani Wilmar Share Price Today on 29-11-2024: At 29 Nov 11:15 today, Adani Wilmar shares are trading at price ₹310.1, -1.08% down from the previous closing price. On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at …

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, 3 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 …

Japanese Banks sticking with Adani as Jefferies, Barclays review ties
3 weeks, 3 days ago

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Live Mint  

-- Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to people familiar with the …

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

Sensex rallies 700 points, Nifty above 24,000; Adani stocks surge
Trending News
3 weeks, 4 days ago

Sensex rallies 700 points, Nifty above 24,000; Adani stocks surge

India Today  

Benchmark stock markets rebounded sharply on Friday, driven by gains in IT, financial, and energy stocks. The S&P BSE Sensex surged 663 points to reach 79,702.09 by 10:33 am, while the NSE Nifty50 climbed 154.60 points to trade at 24,084.95. Adani Group stocks were among the top performers, with Adani Green Energy and Adani Energy Solutions jumping nearly 13% each, …

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today
Trending News
3 weeks, 4 days ago

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today

India Today  

Adani Group stocks rallied sharply on Friday, climbing up to 15% as investors responded positively to clarifications on the US bribery case and assurances of financial stability. Most other Adani Group stocks also registered gains in early trade. The rally comes after Japan’s largest lenders, including Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, reportedly reaffirmed …

Adani Wilmar Share Price Today on 28-11-2024: Adani Wilmar share price are up by 0.51%, Nifty down by -0.73%
3 weeks, 4 days ago

Adani Wilmar Share Price Today on 28-11-2024: Adani Wilmar share price are up by 0.51%, Nifty down by -0.73%

Live Mint  

Adani Wilmar Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Adani Wilmar shares are trading at price ₹316.5, 0.51% up from the previous closing price. On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at …

Adani Power Share Price Today on 28-11-2024: Adani Power share price are up by 8.2%, Nifty down by -0.78%
3 weeks, 4 days ago

Adani Power Share Price Today on 28-11-2024: Adani Power share price are up by 8.2%, Nifty down by -0.78%

Live Mint  

Adani Power Share Price Today on 28-11-2024: At 28 Nov 11:09 today, Adani Power shares are trading at price ₹566.75, 8.2% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Adani group shares rise up to 18% for second straight session led by Adani Total Gas. More steam left?
3 weeks, 4 days ago

Adani group shares rise up to 18% for second straight session led by Adani Total Gas. More steam left?

Live Mint  

Stock Market Today: After rallying up to 18% in intra-day trade on Thursday, November 28, Adani group shares ended on a mixed note amid profit booking following a sharp two-day rally and weakness in the broader market indices. Adani Group gained in early trade today after Adani Green Energy issued a clarification on Tuesday, refuting bribery charges against Gautam Adani …

Sensex, Nifty open flat; Adani group shares gain up to 3% in early trade
3 weeks, 5 days ago

Sensex, Nifty open flat; Adani group shares gain up to 3% in early trade

India Today  

Benchmark stock market indices opened flat on Thursday after the markets witnessed a brief rally in the previous trading session. The S&P BSE Sensex lost 17.08 points to 80,217.00, while the NSE Nifty50 gained 8.05 points to 24,282.95 as of 9:25 AM. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the consolidation phase in the market …

Adani Total Gas share price jumps 16% in early trade. What's driving the rally?
3 weeks, 5 days ago

Adani Total Gas share price jumps 16% in early trade. What's driving the rally?

India Today  

Shares of Adani Total Gas surged 16% in early trade on Thursday, continuing the recovery seen across Adani Group stocks. The rebound follows a clarification from Adani Green Energy addressing concerns over allegations of bribery by US authorities, which had initially caused a sharp dip in the group’s stocks. In its statement, Adani Green Energy clarified that key executives, including …

Adani group stocks extend winning streak, rally up to 12% today
Top News
3 weeks, 5 days ago

Adani group stocks extend winning streak, rally up to 12% today

India Today  

Adani group shares continued their positive momentum and extended their rally on Thursday with its stocks gaining up to 10% in early trade. The shares of the conglomerate have seen a recovery after the Adani group issued a clarification on charges of bribery by US authorities. The rally follows a clarification by Adani Green Energy Ltd on Wednesday that dismissed …

Adani Shares Soar As Bribery Allegations Clear; Market Cap Jumps Rs 1.2 Lakh Crore
Top News
3 weeks, 5 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 …

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders
3 weeks, 5 days ago

Adani Group’s 2 stocks placed under ASM stage-1 category: Here’s what it means for shareholders

Live Mint  

Adani Group stocks - Adani Green Energy and Adani Energy Solutions, have been put under the first stage of the short-term additional surveillance measures on the Bombay Stock Exchange and National Stock Exchange after the recent US indictment of Chairman Gautam Adani and his nephew Sagar Adani on alleged bribery and fraud charges. The two Adani Group stocks have been …

Share Market Today: Sensex Rises 230 Points; Nifty At 24,275. Adani Stocks Gain
Top News
3 weeks, 5 days ago

Share Market Today: Sensex Rises 230 Points; Nifty At 24,275. Adani Stocks Gain

ABP News  

Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Wednesday, jumped by a sharp rally in Adani Group stocks and renewed foreign fund inflows. Adani Group stocks Adani Group stocks witnessed a significant surge after an update from an Adani entity clarified that Gautam Adani and his associates were not charged under the US Foreign Corrupt …

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform
3 weeks, 5 days ago

Stock market today: Nifty 50, Sensex close higher on rebound in Adani stocks; smallcaps outperform

Live Mint  

Indian Stock Market: Indian benchmark indices experienced significant volatility in today’s session, November 27, as a rebound in Adani Group stocks was offset by weak performances from index heavyweights, leading to wide fluctuations throughout the day. Adani Group stocks surge after clarification on bribery charges All 11 Adani Group stocks closed higher in Wednesday's session following a clarification issued by …

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Top News
3 weeks, 5 days ago

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations

ABP News  

Shares of Adani Group companies saw a significant rally during morning trade on Wednesday, recovering from the losses incurred the previous day. Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor confidence despite ongoing allegations against the conglomerate. Adani Power climbed 5.96 per cent, Adani Total Gas rose 4.70 per …

Adani group stocks surge up to 16% post clarification by Adani Green; Adani Total Gas top gainer
3 weeks, 5 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 Power Share Price Today on 27-11-2024: Adani Power share price are up by 5.28%, Nifty down by -0.08%
3 weeks, 5 days ago

Adani Power Share Price Today on 27-11-2024: Adani Power share price are up by 5.28%, Nifty down by -0.08%

Live Mint  

Adani Power Share Price Today on 27-11-2024: At 27 Nov 11:08 today, Adani Power shares are trading at price ₹460.85, 5.28% 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. …

Share Market Today: Sensex, Nifty Trade Flat. Adani Group Shares Rise
Top News
3 weeks, 5 days ago

Share Market Today: Sensex, Nifty Trade Flat. Adani Group Shares Rise

ABP News  

Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Wednesday are trading flat during early trade. Shares of Adani Group rebounded jumped up to 4 per cent after the group firm, Adani Green, denied media reports claiming Adani executives were charged with bribery and corruption, clarifying that the charges relate to wire and securities fraud. In …

Adani Group says it lost nearly $55 billion since US indictment: Report
3 weeks, 5 days ago

Adani Group says it lost nearly $55 billion since US indictment: Report

Hindustan Times  

India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. "Since the intimation of the …

Sensex, Nifty end higher as Adani stocks rally up to 20%
Trending News
3 weeks, 6 days ago

Sensex, Nifty end higher as Adani stocks rally up to 20%

India Today  

Benchmark stock market indices closed higher on Wednesday as they made a brief rally driven by a surge in Adani group shares after the conglomerate issued a clarification on the bribery charges by US authorities. "This recovery followed a clarification from Adani Green Energy Ltd regarding recent allegations of bribery and corruption against key executives, including Gautam Adani and his …

Adani Group stocks gain up to 17% after clarification on US bribery charge
3 weeks, 6 days 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% …

Sensex, Nifty open flat; Adani Green Energy shares gain 2%
3 weeks, 6 days ago

Sensex, Nifty open flat; Adani Green Energy shares gain 2%

India Today  

Benchmark stock market indices opened flat on Wednesday after having seen a rebound in the previous few sesions. The Adani group stocks gained up to 5% in early trade after Adani Green Energy Ltd issued a statement clarifying that Gautam Adani, Sagar Adani, and senior executive Vneet Jaain have not been charged with violations of the US Foreign Corrupt Practices …

Adani Group shares rally after clarification on US bribery charges. Is the worst over?
Trending News
3 weeks, 6 days ago

Adani Group shares rally after clarification on US bribery charges. Is the worst over?

India Today  

Adani Group shares surged on Wednesday, rallying by up to 20% after a clarification from Adani Green Energy addressed concerns related to US bribery charges. Other group companies, including Adani Green Energy, Adani Energy Solutions, Adani Ports and Special Economic Zone, and Adani Wilmar, saw gains ranging from 8% to 10%. The rally followed a statement from Adani Green Energy …

Top Gainers and Losers today on 26 November, 2024: Shriram Finance, Britannia Industries, Adani Enterprises, Adani Ports & Special Economic Zone among most active stocks; Check full list here
3 weeks, 6 days ago

Top Gainers and Losers today on 26 November, 2024: Shriram Finance, Britannia Industries, Adani Enterprises, Adani Ports & Special Economic Zone among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty Index concluded at 24,221.9, reflecting a decline of 0.11%. The Nifty 50's returns over various time periods are as follows: - In the last 1 Week: 2.92% - In the last 1 Month: -0.55% - In the last 3 Months: -3.22% - In the last 6 …

No money given to Adani so far for Sri Lankan port project, says US development agency
3 weeks, 6 days ago

No money given to Adani so far for Sri Lankan port project, says US development agency

Live Mint  

Mumbai: The US International Development Finance Corporation, which last year committed a half-a-billion-dollar loan to the Adani group for developing a port in Sri Lanka, has not yet disbursed any money to the Indian conglomerate. Incidentally, GQG Partners informed its investors last week that it had built up positions in Adani group companies as new data emerged, including the DFC’s …

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%
3 weeks, 6 days 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 Power Share Price Today on 26-11-2024: Adani Power share price are down by -0.66%, Nifty down by -0.09%
Top News
3 weeks, 6 days ago

Adani Power Share Price Today on 26-11-2024: Adani Power share price are down by -0.66%, Nifty down by -0.09%

Live Mint  

Adani Power Share Price Today on 26-11-2024: At 26 Nov 11:07 today, Adani Power shares are trading at price ₹443.9, -0.66% 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 & 300 days. …

Sensex, Nifty end marginally lower; Adani Green shares down 7%
4 weeks ago

Sensex, Nifty end marginally lower; Adani Green shares down 7%

India Today  

Benchmark stock market indices closed lower on Tuesday after having seen a rise in early trade. Ajit Mishra – SVP, Research, Religare Broking Ltd said that markets traded within a range and ended flat, pausing after the recent rebound. Vaibhav Vidwani, Research Analyst, Bonanza said that despite some volatility, the market was buoyed by strong performances in the IT and …

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
Trending News
4 weeks ago

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why

Live Mint  

GQG Partners, one of the biggest foreign institutional investors in Adani Group, decided not to sell its stake in the conglomerate. According to the disclosure, the American investment giant has a total exposure of $9.7 billion to the Adani Group of companies on a total asset base of $158.6 billion, marking up to 6.1 per cent of the company's total …

Adani bonds slide to year low as investors and lenders weigh bribery allegations
4 weeks ago

Adani bonds slide to year low as investors and lenders weigh bribery allegations

Live Mint  

Adani dollar bond prices fell on Monday to almost one-year lows, as investors cut their exposure to the Indian conglomerate and some bankers considered pausing fresh lending in the wake of bribery and fraud accusations by U.S. authorities The group's billionaire chairman, Gautam Adani, and seven other people were last week charged with agreeing to pay around $265 million in …

Adani Group Stocks Surge Amid Equity Market Rally; NDTV Shares Slip
4 weeks ago

Adani Group Stocks Surge Amid Equity Market Rally; NDTV Shares Slip

ABP News  

Nine of the 10 listed Adani Group firms saw a strong surge in morning trade on Monday, aligning with a broader rally in the equity markets. Adani Energy Solutions saw its stock rise by 6.89 per cent, while Adani Green Energy climbed 6.42 per cent. Other significant gainers included Adani Total Gas, which advanced 5.33 per cent, Adani Ports up …

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 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 Power Share Price Today on 25-11-2024: Adani Power share price are up by 1%, Nifty up by 1.67%
Top News
4 weeks ago

Adani Power Share Price Today on 25-11-2024: Adani Power share price are up by 1%, Nifty up by 1.67%

Live Mint  

Adani Power Share Price Today on 25-11-2024: At 25 Nov 11:11 today, Adani Power shares are trading at price ₹465.35, 1% 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 Wilmar Share Price Today on 25-11-2024: Adani Wilmar share price are up by 1.54%, Nifty up by 1.71%
4 weeks ago

Adani Wilmar Share Price Today on 25-11-2024: Adani Wilmar share price are up by 1.54%, Nifty up by 1.71%

Live Mint  

Adani Wilmar Share Price Today on 25-11-2024: At 25 Nov 11:00 today, Adani Wilmar shares are trading at price ₹296.8, 1.54% 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 bulls cut positions before news of US indictment
4 weeks, 1 day ago

Adani bulls cut positions before news of US indictment

Live Mint  

Mumbai: Two days before a US court indicted senior officials of Adani Green Energy for allegedly bribing Indian state government officials to secure lucrative power contracts, bulls on two of the group companies' derivatives counters slashed their long positions, saving them from massive losses that hit the group shares after the news broke. Interestingly, certain traders holding futures positions of …

Adani Group shares rise for 2nd straight session: 2 reasons behind bull run
4 weeks, 1 day ago

Adani Group shares rise for 2nd straight session: 2 reasons behind bull run

India Today  

Adani Group shares saw a rise in early trade on Monday, continuing their recovery from last week’s turbulence. RECENT CHALLENGES The Adani Group recently faced allegations from US prosecutors, who accused Gautam Adani and others of orchestrating a $265 million bribery scheme to secure state energy contracts. MARKET REACTION Despite last week’s turbulence, Monday’s rally shows that investor confidence in …

Rising geopolitical tensions, Adani ‘bribery’ case add to Indian market’s woes — expert advice
4 weeks, 1 day ago

Rising geopolitical tensions, Adani ‘bribery’ case add to Indian market’s woes — expert advice

Live Mint  

The current week brought a new wave of challenges stemming from both international and domestic political conflicts. However, this time, the intensifying rivalry between the BJP and Congress brought the Adani bribery case to the forefront, reported by the U.S. Department of Justice. The market showed resilience by the end of the week, signalling that domestic political turmoil is unlikely …

Friday’s relief rally after Adani shock leaves investors richer by ₹7.27 trillion
1 month ago

Friday’s relief rally after Adani shock leaves investors richer by ₹7.27 trillion

Live Mint  

Mumbai: Indian markets were quick to recover from the shock of the Adani group bribery charges, surging to a nearly six-month high and snapping off a two-week slump on Friday. Adani group stocks fared better than on Thursday, when the ports-to-renewables conglomerate lost ₹2.24 trillion in market cap after US prosecutors indicted chairman Gautam Adani and other executives in an …

Adani shares rally in India after founder's US charges
Trending News
1 month ago

Adani shares rally in India after founder's US charges

Deccan Chronicle  

Mumbai: Shares in Indian billionaire Gautam Adani's conglomerate rallied Friday to pare the previous day's frenzied sell-off sparked by US charges alleging the tycoon paid more than $250 million in bribes to secure lucrative government contracts. Shares in Adani Enterprises, his conglomerate's main listed unit, rose nearly four percent in morning trade, while its listed ports and power subsidiaries posted …

Adani Group stocks in trouble again! What should investors do now?
1 month ago

Adani Group stocks in trouble again! What should investors do now?

Live Mint  

Adani Group stocks experienced a rollercoaster trading session on November 22, rebounding sharply after falling by around 10% in early trades. U.S. prosecutors indicted Adani Group Chairman Gautam Adani, his nephew Sagar Adani, and others on charges of orchestrating a $265 million bribery and fraud scheme to expand the group’s solar energy business. He noted that heightened scrutiny and unresolved …

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. …

Adani group shares stage a sharp rebound; Adani Green Energy, Adani Enterprises, Adani Ports shares surge up to 6%
1 month ago

Adani group shares stage a sharp rebound; Adani Green Energy, Adani Enterprises, Adani Ports shares surge up to 6%

Live Mint  

Adani group stocks, including Adani Enterprises, Adani Ports & SEZ, Adani Power and Adani Total Gas, staged a decent rebound from early losses to trade in the green on Friday. The price movement in Adani group shares comes after a sharp slump seen in the previous session following the latest news on Gautam Adani's scrutiny by the US court. Adani …

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