MSCI Adani rejig: Adani shares had to face heavy route after the Hindenburg Research report raising concern over the debt positioning of Gautam Adani-led companies. However, it seems that Adani group companies have to face another challenge after dropping of two Adani group companies — Adani total Gas and AdaniRead More →
Adani Transmission Ltd board has approved fund raise proposal allowing issuance of fresh equities. The board of directors of the company considered and approved the proposal for fund raise in its scheduled board meeting on Saturday. However, issuance of fresh equities not exceeding ₹8,500 crore is subject to approval byRead More →
Adani group stocks — Adani Total Gas and Adani Transmission shares are expected to sharp selling triggered by foreign institutional investors (FIIs) and foreign portfolio investors (FPIs) on Monday. According to stock market experts, this selling is expected after MSCI’s decision to lower the free float in these two AdaniRead More →
Most of the Adani group stocks extended gains in Wednesday’s opening trading session, even as Sensex, Nifty fell about 0.5%. The group’s flagship firm Adani Enterprises shares rose over 2% and was the top Nifty 50 gainer, while Adani Ports and Special Economic Zone (APSEZ) gained more than a perRead 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 →
The week-long stock rout in Gautam Adani’s companies continued on Friday with stocks extending their fall as the crisis shockwaves spread, triggered by the report from the US-based short seller Hindenburg. The group’s stocks all fell in early session with their market cap falling below ₹10 lakh crore, or moreRead More →
