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Tag: Adani shares

Adani group stocks in limelight; Adani Power surges over 19%

Posted on January 14, 2025 By admin
Adani group stocks in limelight; Adani Power surges over 19%

AHMEDABAD: GUJARAT : 21/11/2024 : Adani Corporate House at Shantigram outskirts of Ahmedabad on Thursday November 21, 2024. Photo : VIJAY SONEJI / THE HINDU. | Photo Credit: VIJAY SONEJI Adani group stocks were in heavy demand on Tuesday, with Adani Power surging over 19 per cent, bouncing back from previous day’s decline. The stock…

Read More “Adani group stocks in limelight; Adani Power surges over 19%” »

Business

Adani Group Firms Add Rs 27,000 Crore To Investors’ Wealth, Rise 9%

Posted on December 12, 2024 By admin
Adani Group Firms Add Rs 27,000 Crore To Investors’ Wealth, Rise 9%

Adani Group companies’ stocks added nearly Rs 27,000 crore to investors’ wealth New Delhi: Adani Group companies’ stocks added nearly Rs 27,000 crore to investors’ wealth as most stocks gained in trading this morning. The market capitalisation of Adani Group firms rose Rs 26,894.46 crore to Rs 13.55 lakh crore at 11.03 am. The Adani…

Read More “Adani Group Firms Add Rs 27,000 Crore To Investors’ Wealth, Rise 9%” »

Nation

Adani’s stock rout continues as Kenya cancels projects

Posted on November 22, 2024 By admin
Adani’s stock rout continues as Kenya cancels projects

This grab from a video released by Adani Enterprises Ltd. on Thursday, Feb.2, 2023, shows Indian billionaire Gautam Adani. | Photo Credit: AP Adani Enterprises Ltd opened at ₹2,101, which is 3.8% lower than the previous close on the National Stock Exchange, as the Kenyan government cancelled Adani Group projects in response to the U.S….

Read More “Adani’s stock rout continues as Kenya cancels projects” »

Business

Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala

Posted on November 21, 2024 By admin
Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala

The case charged against billionaire Gautam Adani and seven others in an alleged multibillion-dollar bribery and fraud scheme in the United States has raised concerns about the commitment made by the Adani Group in Kerala in connection with the development of the Vizhinjam International Seaport. | Photo Credit: Reuters The case charged against billionaire Gautam…

Read More “Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala” »

Business

Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks

Posted on November 21, 2024 By admin
Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks

The logo of the Adani Group. | Photo Credit: Reuters Stocks of Gautam Adani’s seven listed companies on the bourses crashed on opening after the New York Eastern district court indicted Gautam Adani, Sagar Adani, Vineet S. Jain and their associates and bribery and securities fraud on Thursday (November 21, 2024). Adani Energy Solutionns fell…

Read More “Adani Stocks Today: Sensex, and Nifty tumble in early trade amid sharp fall in Adani group stocks” »

Business

Kotak Mahindra says Hindenburg was not an investor in its fund

Posted on July 2, 2024 By admin
Kotak Mahindra says Hindenburg was not an investor in its fund

File picture | Photo Credit: Reuters Kotak Mahindra International Limited said on Tuesday that U.S. short-seller Hindenburg Research has never been an investor in the K-India Opportunities Fund. Kotak was responding to allegations that Hindenburg colluded with its client Kingdon Capital Management and used a Kotak group offshore fund to short Adani group shares last…

Read More “Kotak Mahindra says Hindenburg was not an investor in its fund” »

Business

Portfolio Rebalancing, IHC On Stake Sale From 2 Adani Firms

Posted on September 29, 2023 By admin
Portfolio Rebalancing, IHC On Stake Sale From 2 Adani Firms

International Holding Company (IHC) will sell its stake in two Adani Group companies New Delhi: International Holding Company (IHC) will sell its stake in two Adani Group companies, the Abu Dhabi-based firm said in a note to the markets. IHC said it has “entered into a definitive agreement with a buyer to dispose of its…

Read More “Portfolio Rebalancing, IHC On Stake Sale From 2 Adani Firms” »

Business

Morning Digest | India sees lowest August rainfall in a century; Chinese President yet to confirm presence at Delhi’s G-20 summit, and more

Posted on September 1, 2023 By admin
Morning Digest | India sees lowest August rainfall in a century; Chinese President yet to confirm presence at Delhi’s G-20 summit, and more

Core sectors grew 8% in July, but output 2.2% below June levels All of India’s eight infrastructure industries reported growth for the first time in 14 months this July, with core sectors’ output rising 8% after a five-month high surge of 8.3% in June. While July’s performance was buoyed by a 14.9% in coal production,…

Read More “Morning Digest | India sees lowest August rainfall in a century; Chinese President yet to confirm presence at Delhi’s G-20 summit, and more” »

World

Adani Enterprises climbs 2% after promoters raise stake

Posted on August 22, 2023 By admin
Adani Enterprises climbs 2% after promoters raise stake

File. | Photo Credit: Reuters Adani Enterprises Ltd. gained 2.24% to ₹2,697.70 on the BSE on August 22 after the promoter group increased its stake in the Adani Group holding company by 2.22%. Earlier, the stock rose to as much as ₹2,720.65, up 3.10%, in intraday trade. On the NSE, the stock added 2.09% to…

Read More “Adani Enterprises climbs 2% after promoters raise stake” »

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