As of June 2024, the Adani Group's net worth stands at around $111.1 billion, and plans of US$ 90 billion capex over the next ten years, according to a report by the investment bank and financial services firm Jefferies. The brokerage firm outlines a promising future trajectory for the Group. In 2023-24, the Adani Group [...]
Adani Ports and Special Economic Zone’s (APSEZ) share price zoomed 8.91% on Wednesday’s early trades to reach an intraday high of ₹ 602.45 apiece on the National Stock Exchange (NSE). This happened after the company said that it is considering a loan repayment of ₹ 5,000 crores. The company’s shares quoted at ₹ 598.15 apiece [...]
The shares of Adani Ports and Special Economic Zone Limited were trading marginally lower at Rs 834 levels till the afternoon on Wednesday. In the past five days, the stock has gained approximately 4 per cent. The Adani group company reported a strong quarterly result. In Q2FY23, their revenue from operations grew by 32.8 per [...]
Recently Adani Ports and Special Economic Zone Ltd (APSEZ) received approval from the National Company Law Tribunals (NCLT) to acquire the remaining 58.1% stake in the Gangavaram Port Limited (GPL). APSEZ had previously obtained 31.5% of the company from Warburg Pincus and 10.4% from the Andhra Pradesh government early this year. A lot has been [...]
Adani Ports and Special Economic Zone Ltd is trading near its 52-week low of Rs 651.95. In the last month, the stock has dropped by 9%. In Friday's trading session, the stock closed at Rs 678.30. The current level represents an approximate decline of 38% from its 52-week high of Rs 924.65. The company was [...]
