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 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
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
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
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
Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate. GQG holds positions in companies, including cigarette and hotel group ITC , the country’s biggest drugmaker … Read more
NEW DELHI: NRI investor Rajiv Jain‘s GQG Partners, which had made a brave contra call by investing over Rs 15,000 crore in Adani stocks in the peak of the Hindenburg-led stock rout, has raised its stake in Adani Group by about 10%. “Within five years, we would like to be one of the largest investors … Read more
New Delhi: Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of … Read more
NEW DELHI: The Adani-Hindenburg saga has left non-resident Indians (NRIs) worried over the state of their investments in Indian markets. A survey by SBNRI, an NRI-focused fintech platform, shows that they are looking for alternative investment options post the crisis in Adani group companies. The report suggests about 9.7% of Australia-based NRIs lead the investments … Read more
dani Transmission and Adani Total Gas have been moved to the stage-II of long-term additional surveillance framework by the National Stock Exchange from stage-I. The move will be effective from Monday, read a circular of the exchange. Earlier this week, the exchange had moved Adani Green Energy and New Delhi Television to the stage-II surveillance … Read more