This bullish outlook is supported by favorable policy environments, substantial capacity enhancements, and growing opportunities for private sector participation through tariff-based competitive bidding (TBCB). Ventura has initiated coverage on the stock with a buy rating and a target price of ₹1,600 in the next 24 months, indicating an upside potentialRead More →
Adani Green share price jumped over 9% on Thursday, recouping the previous session’s steep losses, after its subsidiary signed a power purchase agreement with Solar Energy Corporation of India (SECI). Adani Green Energy shares rallied as much as 9.33% to ₹1,887.80 apiece on the BSE. Adani Green Energy said itsRead More →
Adani Group stocks, including Adani Ports, Adani Enterprises and Adani Green witnessed heavy losses in the range of 5% to 10% on Wednesday. All ten Adani Group stocks were trading sharply lower with the flagship Adani Enterprises shares extending decline for the seventh straight session. Adani Enterprises was the topRead More →
Brokerage firm S&P Global, on Monday, upgraded its outlook for Adani Ports and Special Economic Zone Ltd. (APSEZ) and Adani Electricity Mumbai Ltd. (AEML) from negative to stable after thorough investigations found no wrongdoings into Adani stocks. Regulatory investigations have mostly concluded without proving wrongdoing on alleged governance matters raisedRead More →
New Delhi: On Friday, India’s markets regulator Sebi said in a circular that institutional investors will now have to disclose upfront whether a transaction in Indian securities involves short selling, and that retail investors will have to do so by the end of the day after making such a trade.Read More →
Adani Ports share price gained over 2% in early trade on Thursday after HSBC raised target price on the stock. Adani Ports shares rose as much as 2.32% to Rs 1,118.95 apiece on the BSE. In the one week period, Adani Ports share price has rallied more than 9%. HSBC hasRead More →
Members of the transport union, protest at Jantar Mantar regarding the new laws related to hit and run, in New Delhi on January 03, 2024. | Photo Credit: Shashi Shekhar Kashyap Transport unions threaten to intensify protests The All India Road Transport Workers’ Federation, a platform of various trade unionsRead More →
MUMBAI : Rajiv Jain-led GQG Partners has accounted for more than a fourth of the entire net foreign portfolio investment (FPI) inflows into India in 2023. Of that investment, more than 80% went into the Adani Group, and the rest into five other listed companies. Returns on the investments, too,Read More →
MUMBAI : The Adani Group of stocks showed its biggest increase in market capitalization of over a trillion rupees for the first time since the Hindenburg report surfaced, days after the Supreme Court reserved its judgement on a bunch of public interest litigations pleading for a court-monitored investigation into allegationsRead More →
Adani Group shares suffered significant losses on Thursday amid fresh allegations labelled by the Organised Crime and Corruption Reporting Project (OCCRP) which dragged the overall market capitalisation (mcap) of the group’s all 10 stocks lower by over ₹35,000 crore in a day. Data show that the overall mcap of allRead More →
