adani group

FMCG, IT and largecaps offer value amid market volatility: Parag Thakkar

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FMCG, IT and largecaps offer value amid market volatility: Parag Thakkar

Amid a challenging market environment and uneven corporate earnings, Parag Thakkar from Fort Capital highlighted select blue-chip companies and FMCG stocks as attractive opportunities for long-term investors, particularly those looking for “contra” bets. Discussing Hindustan Unilever (HUL), Thakkar noted the stock’s prolonged underperformance but expressed confidence in its future. “We have recently bought 4% weight … Read more

Adani Enterprises sets rights issue at Rs 1,800 a share

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Adani Enterprises sets rights issue at Rs 1,800 a share

Mumbai: Adani Enterprises Ltd, the flagship company of the Adani Group, fixed its rights issue price at ₹1,800 per share, a discount of 24% from its closing stock price on Tuesday. It has fixed November 17 as the record date and aims to raise ₹24,930 crore through the rights issue In a regulatory filing late … Read more

Oil gains weighed down by US demand worries

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Oil gains weighed down by US demand worries

Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S. West Texas Intermediate crude finished at $62.69, a gain of 32 cents, or … Read more

Adani’s airport biz set to spread wings wider; major new plans, Rs 1 lakh cr investment in offing

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Adani’s airport biz set to spread wings wider; major new plans, Rs 1 lakh cr investment in offing

The Adani Group is all set for a major expansion of its airport business that will entail an investment of nearly Rs 1 lakh crore over a period of five years, the conglomerate’s airport head Jeet Adani told the Times of India in an interview. The group currently runs seven airports in India, including Mumbai … Read more

ICICI Bank challenges MIAL’s Rs 3,240 crore rights issue over contractual violations

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ICICI Bank challenges MIAL’s Rs 3,240 crore rights issue over contractual violations

Mumbai: ICICI Bank has challenged the proposed rights issue of Mumbai International Airport (MIAL) on the grounds that it violates prior contractual agreements and risks diluting lenders’ interests, said people with knowledge of the matter. The bank’s contention is that the rights issue will dilute the value of shares pledged against loans worth $1.25 billion … Read more

Hunting for value stocks? Jefferies has 11 stock ideas. Check full list – Value Bets

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Hunting for value stocks? Jefferies has 11 stock ideas. Check full list – Value Bets

Sagility India is a fast-growing IT midcap added to Jefferies’ model portfolio by trimming exposure to Infosys. The brokerage projects 28% EPS CAGR, the highest among its peer set, driven by margin expansion, Broadpath synergies, and deleveraging. Even after a recent rally, the stock trades at 28x FY26 PE, a 20–30% discount to comparable BPM … Read more

Adani Group on track to complete $5 billion fundraising blitz in FY26

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Adani Group on track to complete billion fundraising blitz in FY26

The Adani Group is storming back into global capital markets with unstoppable momentum, having already raised over $3.2 billion in just six months and positioning itself to complete a massive $5 billion fundraising blitz by FY26, a stunning validation of its infrastructure-first strategy amid relentless scrutiny. Marquee global investors from BlackRock to Apollo and TotalEnergies … Read more

Adani stocks rally up to 6% as Trump sarkar retreating from foreign bribery cases

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Adani stocks rally up to 6% as Trump sarkar retreating from foreign bribery cases

Adani Group stocks rallied up to 6% on Tuesday amid reports that the Trump administration is backing away from some cases involving foreign bribery. Adani Power was trading around 6% higher at Rs 548, while Adani Green, Adani Energy Solutions, Adani Enterprises, Adani Ports, and NDTV were up around 4–5% each, as the news is … Read more

Another shock for cable makers, Adani enters fray

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Another shock for cable makers, Adani enters fray

Mumbai: The Adani Group is set to enter the estimated ₹75,000-crore wires and cables business, its proposed foray denting the stocks of incumbents Thursday, as competitive intensity increases in an industry that saw the entry of another large conglomerate a few weeks ago. Kutch Copper, a wholly-owned subsidiary of group incubator and flagship, Adani Enterprises, … Read more

Adani Group’s cost of capital falls 104 basis points in FY25 amid credit upgrades

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Adani Group’s cost of capital falls 104 basis points in FY25 amid credit upgrades

Reflecting an improved credit profile, Adani Group‘s cost of capital has fallen sharply by 104 basis points to 8.18% in FY25, the conglomerate, which operates India’s largest infrastructure portfolio, has told investors. In a recent investor meeting, Adani officials said this reduction in borrowing costs comes as a result of multiple credit rating upgrades, a … Read more