Adani Power shares rally 8% in 2 days. Here’s what’s driving the rally
Shares of Adani Power surged for the second straight session, climbing as much as 7.7% in two days to hit a high of Rs 648.3 on the BSE on Tuesday,…
Adani Power shares rise 2% after board approves 1:5 stock split
Adani Power shares rose nearly 2% to Rs 575 in Monday’s trade after the company announced a 1:5 stock split, aimed at improving retail participation. The board has approved subdividing…
Adani Power goes for a 1:5 stock split, Q1 net profit dips 15%
Adani Power on Friday said its board of directors has approved a stock split, dividing each existing equity share of face value '10 into five equity shares of face value…
IDFC First Bank allots Rs 4,876 crore worth preference shares to Warburg Pincus affiliate
IDFC First Bank’s board on Friday approved the preferential allotment of over 81.26 crore convertible cumulative preference shares (CCPS), valued at Rs 4,876 crore, on a private placement basis to…
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…
Discom health improving gradually; NTPC, Power Grid, PFC top picks: Nikhil Nigania
"This year weather has been less warm compared to last year which is pulling down this demand on top of the high base of last year. So, near-term, yes, it…
Q4 results today: Vedanta, Adani Power among 52 companies to announce earnings on Wednesday
The fourth quarter earnings season is picking up momentum and on Wednesday as many as 52 companies will announce their quarterly numbers. Key earnings to watch out include from Vedanta,…
Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry
K.T.M. Udayanga Hemapala, Secretary to the Ministry of Energy, Sri Lanka. | Photo Credit: Meera Srinivasan Colombo is not seeking to renegotiate the contentious renewable energy project with Adani Green,…
Adani bribe charges: Quant MF might lose the most after sharp fall in Adani Group stocks
Quant mutual fund (MF) would possibly facing the most significant impact among mutual fund houses due to the recent decline in Adani group shares on Thursday. With assets worth over…
Stocks in news: Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro
Domestic markets ended slightly higher in a lackluster session on Thursday, pausing after the recent rally. In today's trade, shares of Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro among…