Adani Power share price target at Rs 818: 3 reasons the stock is up 9%

Adani Power share price target at Rs 818: 3 reasons the stock is up 9%

Shares of Adani Power surged up to 9% to a day’s high of Rs 687 on NSE on Friday, September 19, as fresh catalysts reignited investor enthusiasm. Here are three key reasons why experts believe the stock could rally nearly 30% from current levels. Morgan Stanley’s overweight rating – Analysts describe Adani Power as India’s … Read more

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

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 Power shares rally 14% this week amid high trade volumes

Adani Power shares rally 14% this week amid high trade volumes

The shares of Adani Power have shown an impressive rally, surging 13.8% this week to a high of Rs 605 on the BSE today. This surge is driven by high trading volumes in the stock. Today alone, the stock climbed 4.7% on the BSE in intraday trade. As of 10:50 a.m., the stock’s total traded … Read more

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

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

Q4 results today: Ambuja Cements, Adani Wilmar among 18 companies to announce earnings

Q4 results today: Ambuja Cements, Adani Wilmar among 18 companies to announce earnings

The Adani group will dominate the earnings today with three of the conglomerate’s companies set to release their numbers for the quarter ended March 2024. Despite being a market holiday, 18 companies will announce their fourth quarter on Wednesday. Other companies which are set to release their numbers include Bondada Engineering, Classic Filaments, Cigniti Technologies, … Read more

Adani stocks surge up to 8%; Adani Green, Adani Wilmar among top gainers

Adani stocks surge up to 8%; Adani Green, Adani Wilmar among top gainers

Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more

Israel–Hamas war opportunity to buy Adani Ports: CLSA

Israel–Hamas war opportunity to buy Adani Ports: CLSA

After shares of Nifty stock Adani Ports fell 5% amid investor fears related to the impact on Israel’s Haifa Port due to the war, global brokerage firm CLSA said the dip presents an opportunity for investors. The Adani Group stock recovered on Tuesday and was trading 3% higher at Rs 814. “A 5% fall in … Read more

2 Adani group stocks among counters with highest debt levels – In Focus

2 Adani group stocks among counters with highest debt levels – In Focus

Larsen & Toubro. Share Price 3010.00 03:59 PM | 28 Sep 2023 44.95(1.51%) Power Grid Corporation of India. Share Price 200.75 03:58 PM | 28 Sep 2023 1.41(0.70%) Bharti Airtel. Share Price 925.65 03:57 PM | 28 Sep 2023 5.40(0.58%) Axis Bank. Share Price 1030.90 03:57 PM | 28 Sep 2023 5.71(0.55%) Oil And Natural … Read more

Three Adani group stocks jump up to 12% as Abu Dhabi investor shows interest

Three Adani group stocks jump up to 12% as Abu Dhabi investor shows interest

Shares of Adani group firms Adani Green Energy, Adani Energy Solutions and Adani Power jumped up to 12% in Friday’s trade on BSE amid reports that Abu Dhabi National Energy Co. PJSC (TAQA) is looking to double down in India and is evaluating a large exposure in the expansive power businesses of Gautam Adani that … Read more