The shares of Adani Ports and Special Economic Zone Limited inches marginally higher and were trading at Rs 956 levels till 11.40 am on Thursday. The shares zoomed by 2 per cent to reach their 52-week high of Rs 958.80 in the early hours on Wednesday. In the last five trading days, the stock has [...]
Liberalising the land leasing policy, the Union Cabinet on Wednesday slashed the railways’ land licensing fee for certain usages to 1.5% from 6% earlier. Moreover, the lease period has also been extended to up to 35 years from the current five years. This development is believed to be in line with NITI Aayog's recommendation to [...]
The shares of Ambuja Cements Limited opened at Rs 439 on Wednesday and climbed up by approximately 4 percent to reach its new all-time high of Rs 457.50. The stock surpassed its previous all-time high of Rs 442.95 which it reached in September 2021. The stocks made a new high ahead of the closure of [...]
The flagship entity of the Adani Group - Adani Enterprises replaced Shree Cement in Nifty 50, the National Stock Exchange’s (NSE) benchmark index. These changes are based on factors including the free float market capitalization of the companies. This inclusion could lead to a net inflow of around $213 million on Adani Enterprises’ counter, however, [...]
Adani enterprise has made a move to acquire a controlling stake in the oldest news network NDTV Ltd in a hostel takeover. The announcement came on the same day when CreditSights, a Fitch Group unit, said that the Adani group is ‘Deeply Overleveraged’ and might spiral into a ‘massive debt trap’. The hostile takeover involves [...]
The Indian benchmarks opened on a negative note on Tuesday. The Sensex was down 361.86 points or 0.62% and opened at 58412.01, and the Nifty was down 114.70 points or 0.66% to open at 17376. The bears also crippled the Adani group stocks as all the seven listed companies under the group were trading in [...]
The shares of Adani Enterprises Limited have been in the buzz for quite some time now as the stock has been making and breaking multiple record highs. On Monday, despite the volatile markets, Adani Enterprises shares gained 1.4% till 11.40 am and were trading at Rs 3,171 levels. The stock has been rallying as the [...]
The Nifty 50 index is generally rebalanced every quarter and semi-annually. As a part of its periodic review, the next rebalancing of Nifty is about to take place in August 2022 which will be effective from September 30th, 2022. These changes will take into account the average Free Float (FF) market capitalisation for the period [...]
The shares of Adani Transmission Ltd opened at Rs 3,425 on Wednesday and zoomed by 2% to reach its 52-week high of Rs 3,528. Till 12 pm on Wednesday and were trading at Rs 3,471 levels. In august 2021, the shares of Adani Transmission Ltd were trading at Rs 911 a piece. In a year [...]
Till the afternoon of Friday's trading session, the Nifty 50 was trading higher by 14.5 points or 0.09% at 15,953. The BSE Sensex gained 37.06 points or 0.06% and was at 53,455.53. With markets trading in the green, here are two Adani group stocks that have reached a fresh 52-week high today. Adani Enterprises Ltd [...]
