MUMBAI : Investors cheered the sale of the Adani family trust’s stakes in four group companies to GQG Partners, with the market value of 10 listed stocks rising by ₹68,352 crore on Friday, the sharpest surge in the last seven months. Adani Enterprises and Adani Ports led the gains, surgingRead More →
The Financial Times Stock Exchange (FTSE) has hinted at its plan to proceed with the scheduled index review changes for Adani Group (India) and its associated securities. However, the London-based exchange also takes note that trading in Adani stocks has currently been restricted due to its daily price limits. OnRead More →
MUMBAI : Adani group stocks pared losses as index provider MSCI Inc. delayed changes to what it considers freely tradable in the public market for Adani Transmission Ltd and Adani Total Gas Ltd, a move that could have cut weightings for them in MSCI’s indices. The index company will grantRead More →
Here are the top 10 stocks that could be in focus in today’s trade: Adani Group: Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a bid to discredit claims by short-seller Hindenburg Research that have battered its stocks and bonds, twoRead More →
Cryptocurrency involves a lot of technology and India is in talks with other countries to achieve a standard operating procedure, Union Finance Minister Nirmala Sitharaman said on Saturday. Talking to reporters after the customary post-Budget address to the central board of RBI, the finance minister said, “Crypto involves a lotRead More →
Adani Enterprises and Adani Ports led the gains, rising 13.13% and 9.01%, respectively at the Nifty, while other group stocks such as Adani Transmission, Adani Power and Adani Wilmar gained up to 5%. Ambuja Cements, ACC and NDTV added to their gains with only Adani Total and Adani Green beingRead More →
Shares Adani Power surged to hit the upper circuit level of 5% to ₹182 apiece on the BSE in Wednesday’s trading session whereas that of Adani Wilmar rose to ₹419 apiece ahead of their Q3 results due today, as most Adani Group stocks rose, extending their rebound from a selloffRead More →
Performance of Adani group stocks in the last week ACC Ltd recorded a market value of ₹36,181 Cr on Friday’s closing when the share price closed at ₹1,920, up by 4.28% from the previous close however in the last week the stock has plummeted by more than 5%. On FridayRead More →
Among group stocks, Adani Total Gas, Adani Enterprises, Adani Green Energy and Adani Transmission were the biggest losers since the 24 January release of the Hindenburg Research report alleging accounting fraud and stock manipulation. View Full Image Graphic: Mint Adani Enterprises, a member of the Nifty index, plunged 26.5% toRead More →
Adani Group: The Adani Group plans to hire one of the “big six” global accounting firms to evaluate its corporate governance and audit practices following allegations of fraud by US short-seller Hindenburg, two people with direct knowledge of the matter said. The independent audit will be commissioned after the completionRead More →
