Last Updated: June 02, 2023, 08:41 IST Stocks To Watch June 2: The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 18,621.50, up 58 points or 0.31 per cent from the previous close. Adani Enterprises: The company’s wholly-owned subsidiary – Adani Road Transport inked… Read More »
The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 18,599, down 65 points or 0.35% from the previous close. Adani Group: Adani Group is set to raise $3.5 billion through an equity share sale to institutional investors in the comeback strategy. While boards… Read More »
Jeet Adani is an Indian VP responsible for the Adani Group’s monetary division. Moreover, Jeet Adani is the child of Gautam Adani, an Indian multi-extremely rich person business mogul. Jeet Adani Biography Jeet Gautam Adani, famously known as Jeet Adani, was born on November 7, 1997, in Ahmedabad, Gujarat, India. He is 25 years of… Read More »
India’s largest private port operator reported a 5.1% rise in net profit at 11.59 billion rupees from a year ago, while its revenue from operations surged nearly 40%. Adani Ports had earlier this month said it sold its sanction-hit Myanmar port for $30 million, significantly lower than its investment in the project. The company said… Read More »
India’s market regulator is canvassing opinion on plans to strengthen disclosure requirements for high-risk offshore funds to avoid violation of public float norms, it said on Wednesday. The move follows regulators’ investigation of suspected violations by offshore funds in companies of the group led by billionaire Gautam Adani, which has drawn a blank so far.… Read More »
Adani Enterprises Share Price: The three-day rally in Adani Enterprises on Wednesday came to an abrupt halt as the Nifty stock lost up to 8% to hit day’s low of Rs 2425.85 on BSE as traders booked profits. Shares of Adani Enterprises rose over 45 per cent to Rs 2751.25 on Wednesday from Rs 1,890-level on… Read More »
All 10 Adani Group stocks jumped fiercely in the three sessions. The biggest chunk of the rally was witnessed in the stock of Adani Group’s flagship company, Adani Enterprises, which rose sharply by 18.62 percent. Shares of Adani Group companies extended their rally for the third day in a row on Tuesday with the… Read More »
Mr Jain said the value of GQG’s Adani holdings was close to $3.5 billion. Veteran investor Rajiv Jain’s GQG Partners LLC has raised its stake in billionaire Gautam Adani’s conglomerate by about 10% and will take part in the conglomerate’s future fundraising, doubling down on what he calls “the best infrastructure assets available in India.”… Read More »
Gautam Adani is an Indian tycoon industrialist who is the executive and organizer behind the Adani Gathering — an Ahmedabad-based global combination engaged with port turn of events and tasks in India. Adani is the leader of the Adani Establishment, which is basically driven by his better half, Priti Adani.Guatam Shantilal Adani was born on… Read More »
(Bloomberg) — Adani Group shares surged on Monday, extending gains spurred by an Indian court panel’s report that found no conclusive evidence of stock-price manipulation as alleged by US short seller Hindenburg Research. Most Read from Bloomberg The 10 Adani stocks have added about $10 billion to their market value in today’s session so far,… Read More »
New Delhi: Shortly after the Supreme Court-appointed panel’s clean chit to the Adani group in an investigation linked to the Hindenburg allegations, BJP leader Amit Malviya launched a pointed attack against Congress leader Rahul Gandhi. Mr Malviya, the BJP IT cell chief, listed out occasions when Rahul Gandhi’s accusations, including the corruption allegations in… Read More »
Last Updated: May 19, 2023, 20:51 IST While the report is not the final word, it certainly comes as a relief for Adani’s empire. (File photo/News18) The Adani Group has denied all the charges by Hindenburg as lies, saying it complies with all laws and disclosure requirements In a relief to embattled billionaire Gautam Adani,… Read More »
Gautam Adani Flaunts Luxurious BMW 730 LD DPE Signature in Mumbai (Photo: Cartoq) The BMW 730 LD DPE Signature is a top-of-the-line variant of the previous generation 7 Series, representing opulence and refinement Indian business tycoon Gautam Adani, despite a significant financial setback caused by the Hindenburg report controversy, recently made heads turn with his… Read More »
Adani Ports’ stock opened at ₹711.15 and closed at ₹708.8 on the last day of trading. The high for the day was ₹711.7 and the low was ₹695.1. The company’s market capitalization was ₹151,188.12 crore. Adani Ports’ 52-week high was at ₹987.9 and the low was at ₹394.95. On the BSE, the company traded a… Read More »
Tata Motors: Auto giant, Tata Motors surpassed estimates in consolidated net profit to ₹5,407.79 crore in the fourth quarter of FY23, against a net loss of ₹1,032.84 crore in the same quarter a year ago. Sequentially, the Q4FY23 PAT saw a growth of nearly 83%. The company’s top-line front came in strong with an upside… Read More »
Shares of Adani Group companies are likely to remain on traders’ radars Monday amid a slew of announcements related to the group. In the week gone by, Adani Group companies shares had a mixed performance. While Adani Enterprises and Adani Ports & SEZ rallied, Adani Total Gas and Adani Transmission plunged over 6% and 3%,… Read More »
Karan Adani is the CEO (President) of Adani Ports and SEZ Restricted and the head of Adani Air terminal Property Restricted. His brother is Jeet Adani. Nonetheless, In 2008, Karan was remembered for the rundown called “Big shots of Tomorrow” by Forbes India. Karan Gautam Adani was born on April 7, 1987 (age 34 years)… Read More »
MUMBAI: Two companies controlled by billionaire Gautam Adani will collectively raise Rs 21,000 crore from share sales, less than four months after a scathing report by a short seller plunged his empire into a crisis, drove share prices down and battered investor confidence, reports Reeba Zachariah.Adani’s flagship company Adani Enterprises will raise Rs 12,500 crore… Read More »
Adani Group: Adani group stocks — Adani Total Gas and Adani Transmission shares are expected to sharp selling triggered FIIs and FPIs on Monday. According to stock market experts, this selling is expected after MSCI’s decision to lower the free float in these two Adani group stocks. Experts said that FIIs and FPIs who invest… Read More »
A majority of the Adani Group firms released their Q4FY23 (January-March) results this week, following which it led to volatile shift in the stock prices of the Adani group companies. Analysts feel that several Adani stocks are in a time-wise correction phase or have not had directional movement for a few weeks on the back… Read 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 Adani group stocks. Experts said that… Read More »
MSCI will lower the free float of two of India’s Adani Group companies, Adani Total Gas and Adani Transmission in its May index review, the financial index provider said on Friday. MSCI now sees the Adani Total Gas’ free float at 14% and Adani Transmission at 10%, from 25%. Free float is defined as the… Read More »
Adani Enterprises shares rally 4% during its trading session after the company records 137% net profit growth in Q4 and 120% dividend announcement for eligible shareholders. “The Board has recommended Dividend of Rs. 1.20 (@ 120%) per Equity Share of face value of Re. 1 each fully paid up for the Financial Year 2022- 23,… Read More »
Adani Transmission Ltd., part of Indian billionaire Gautam Adani’s conglomerate, plans to buy back as much as $100 million of bonds issued by a unit in efforts to boost investor confidence, according to people familiar with the matter. Adani Electricity Mumbai Ltd., a wholly-owned subsidiary of Adani Transmission, will announce the bond buyback shortly, one… Read More »
For the March quarter, the company’s net profit jumped to Rs. 780.68 crore from Rs.325.76 crore in the corresponding period of the previous fiscal. “The past year’s results represent indisputable evidence of the strength and resilience of the Adani Group’s operational and financial performance,” said Gautam Adani, chairman, Adani Group, in a release. “Our mega-scale… Read More »