{"id":104652,"date":"2023-06-28T15:53:59","date_gmt":"2023-06-28T10:23:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104652"},"modified":"2023-06-28T16:42:20","modified_gmt":"2023-06-28T11:12:20","slug":"adani-group-stock-jump-up-to-5-after-fiis-invest-1-billion-dollars-in-2-of-its-companies","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/adani-group-stock-jump-up-to-5-after-fiis-invest-1-billion-dollars-in-2-of-its-companies\/","title":{"rendered":"Adani Group stock jumps up to 5% after FII&#8217;s invest 1 Billion dollars in 2 of its companies"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2769590331\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>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.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2401824809\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Such sharp movements in the share prices are witnessed post block deals that took place pertaining to the stocks of the conglomerate.&nbsp;<\/p><p>According to various reports, GQG Partners, IHC Group, and some other foreign entities invested around 1 Billion Dollars in the Adani Group stocks including <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ADANIENT\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Enterprises<\/a><\/strong> &amp; <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ADANIGREEN\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Adani Green Energy<\/a><\/strong>.\u00a0<\/p><p>According to a Bloomberg report, Adani Enterprises witnessed about 1.8 crore shares exchanging hands which equates to a 1.60 percent equity. The transacted price is said to be Rs 2,300. Moreover, Adani Green Energy saw around 11.4 lakh shares change hands at a price of Rs 920 equating to a 2.20 percent stake in the company.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2314361890\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The consolidated financials of both companies have shown decent growth with the net profits of Adani Enterprises showing a movement from Rs 475 crores during FY21-22 to Rs 2,208 crores in FY22-23. Moreover, the net profits of Adani Green Energy took a shift from Rs 488 crores to Rs 914 crores during the same time horizon.&nbsp;<\/p><p>Adani Enterprises Limited is a conglomerate company with integrated infrastructure involving various businesses spanning oil and gas exploration, coal trading, ports, etc. The company\u2019s segments include Airports, Mining, Integrated Resources Management, etc.&nbsp;<\/p><p>Adani Green Energy Limited is a company based in India that is engaged in the generation of renewable power and other related activities. It builds, operates, and maintains solar power, hybrid projects, wind power, etc.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1328641869\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>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.&nbsp; Such sharp movements in the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[3414,1249,422,220,948,936],"class_list":["post-104652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-adani-enterprises","tag-adani-green-share","tag-adani-group-latest-news","tag-adani-group-shares","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Adani Group stock jumps up to 5% after FII&#039;s invest 1 Billion dollars in 2 of its companies - 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