The Adani Group is a diversified Indian multinational conglomerate with interests spanning infrastructure, energy, logistics, and agribusiness. The group has grown into one of India’s largest corporate houses. Its operations include ports, renewable energy, power generation, coal mining, gas distribution, and airports, showcasing its critical role in India’s economic development. The group is a global [...]
Stock operating in the domain of Realty engaged in offering a diversified range of construction and allied services jumped upto 15 percent in the day’s trade following speculations of Adani Group to acquire upto 86 percent stake in it. Price Action With a market capitalization of Rs. 2,842 Crores, the shares of PSP Projects Limited [...]
The stocks of the Indian conglomerate, Adani Enterprises Limited, closed in the green today with the parent company exhibiting a gain of around 5.20 percent at a price of Rs 2,402. Moreover, the shares of Adani Green Energy Limited, the Renewable Energy arm, traded flat and closed at Rs 957. Such sharp movements in the [...]
Shares of Adani Green’s Rival — Reliance Industries were trading at ₹ 2548.05 apiece on the National Stock Exchange (NSE) at 12:08 PM on Thursday, after a positive note from the brokerage firm Bernstein. Bernstein highlighted that going forward, clean energy is the new pillar for growth for Reliance Industries. It believes that the new [...]
Leading investment bank Jefferies sees a massive upside in an Indian large-cap stock. Recently it initiated coverage on 22 major companies in India and has rated 17 companies with ‘buy’, four with ‘underperform’ and one with ‘hold’. It said that earnings growth and margin traction are supporting interest in Indian industrials, while utilities have limited [...]
Shares of Adani Power Limited, the largest private power producer in India closed at Rs 274.85, marking a gain of 4.50 percent as compared to the previous closing levels of Rs 263. The company has a market capitalization of over Rs 1.06 Lakh crores. In the last one-month period, the scrip has gained over 15 [...]
Adani Ports and Special Economic Zone Limited is India's largest port developer and operator, operating India's largest private ports with a network of 12 terminals including the largest container port, Mundra Port, as well as providing Dry Cargo Handling & Storage. The company’s stock closed at a price of Rs 740 on Wednesday, with a [...]
Domestic benchmark indices BSE Sensex and NSE Nifty 50 opened lower on the first trading day of the week, however, IT and metal shares led them higher later during the day. The Sensex opened at 61579.78 points on Monday, and the Nifty 50 opened at 18201.10 points. On Friday, the indices ended at a five-month [...]
Veteran Investor and NRI Rajiv Jain, who is also the Chief Investment Officer (CIO) at the US-based investment firm GQG Partners is bullish on the Adani Group. GQG Partners on March 02, had bought a stake worth ₹ 15,446 crores (about $ 1.9 billion in Adani Enterprises, Adani Ports and Special Economic Zone LtdAdani Transmission [...]
Shares of Adani Group companies were in the green after a report by a six-member committee appointed by the Supreme Court stated on Friday, May 19, 2023, that it cannot conclude any regulatory failure around the Adani Group- Hindenburg case. According to the report, there was no regulatory failure in the Adani Hindenburg case in [...]
