Adani group stocks - Samachar Central

Adani Group Stocks, Adani Enterprises, Adani Green Energy, Adani Wilmar and Adani Ports Share Price Today: Adani Group stocks fall amid Hindenburg-SEBI row; Adani Enterprises, Adani Ports among top losers

2024-08-12 09:53 PM

Indian shares declined on Monday, with all 10 Adani group stocks dropping after U.S. short-seller Hindenburg Research alleged the head of the country’s markets regulator held a stake in offshore funds used by the group. The NSE Nifty 50 index was down 0.31% at 24,291.55, as of 10:18 a.m IST, and the S&P BSE Sensex …

Nifty 50, Sensex today: What to expect from Indian stock market in trade on August 12 after Hindenburg report

2024-08-12 08:37 AM

Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note amid mixed global market cues and weak domestic sentiment after the new Hindenburg report against Sebi Chairperson Madhabi Puri Buch in the Adani Group case. The trends on Gift Nifty also indicate a mildly negative start for the …

Ambuja Cements: Will the ‘cheap’ acquisition of Penna Cement make this Adani stock attractive

2024-06-15 01:38 PM

Adani Group-owned Ambuja Cements Ltd announced the acquisition of a 100 per cent stake in Penna Cement Industries (PCIL) for an enterprise value of Rs 10,400 crore for its 14mtpa of cement grinding capacity and 10.3mtpa of clinker capacity. The brokerage firm believe that this acquisition is done a cheap valuation and may make Ambuja …

Ambuja Cements share price jumps 3% as Penna Cement acquisition seem value accretive; analysts bullish on Adani firm

2024-06-15 12:37 PM

Ambuja Cements share price jumped over 3% to a 52-week high in early trade on Friday after the Adani Group firm announced the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of ₹10,422 crore. Ambuja Cements shares rallied as much as 3.86% to a fresh high of ₹690.00 apiece on the BSE. …

Kotak Institutional raises target price for Adani Ports and SEZ to ₹1,650, says outperformance can continue for long

2024-06-14 01:07 PM

Kotak Institutional Equities has raised its target price for Adani Ports and Special Economic Zone (ADSEZ) to ₹1,650 per share, up from the previous target of ₹1,550. The upgrade is based on the company’s continued outperformance in FYTD24. The revised target price indicates an upside potential of nearly 18% from the stock’s latest trading price …

Stock Market Live Updates 10 June 2024: Sensex and Nifty open flat-to-positive; analysts see government continuity boost

2024-06-10 09:29 AM

Ward wizard: Company gets order worth $1.29 billion from Beulah International Development Corporation to revolutionize Philippines public transport with electric vehicles KEC Int: Company gets new orders worth Rs 1,061 crore across business verticals. Artson Engineering: Company gets Rs 126 crore order for engineering and construction at Guwahati International Airport Vakrangee: Company Partners with Tax2Win …

Share Market Highlights June 05, 2024: Sensex, Nifty settle 3% higher amid broad-based buying on hope of political stability; metal, banking stocks shine; most Adani group stocks gain

2024-06-05 05:38 PM

Macquarie on verdict India’s GDP growth trajectory since 1980 has been less influenced by the ruling party Like large caps : HCLT, SUNP, HUVR, HERO, HDFCB. Stocks to add in this pullback with a 2-3 year view: Cummins, Bharat Electronics, Delhivery JEFFERIES ON VERDICT: Cut OWT on real estate, industrials, & PSUs Buying opportunity-large-cap laggards …

‘Hindenburg report tried to shake our foundation but…’: Gautam Adani recalls rout prompted by US short seller

2024-03-14 06:27 AM

The report by US-based short seller Hindenburg Research was an effort to shake the foundation of the Adani Group but the conglomerate stood firm, its Chairman Gautam Adani said in a speech in Mumbai. He said that the report tried to politically defame India’s governance practices. “Last year, January 24, we were subject to a …

Adani Group is ‘too big to ignore’, US brokerage firm notes: ‘India needs…’

2024-01-30 05:40 PM

Adani Enterprises is the centre of everything India wants to accomplish, US brokerage firm Cantor Fitzgerald said as it gave the group an ‘Overweight’ rating and a target price of ₹4,368 per share while expecting an upside of over 50% on Adani Enterprises shares. Cantor Fitzgerald said that Adani Enterprises’ current valuation does not reflect …

Adani stocks rally as SC ruling wins back confidence of investors

2024-01-04 12:27 AM

Bengaluru/Mumbai: Traders and investors expected a rally in Adani group shares on Wednesday in anticipation of a favourable verdict from the Supreme Court. The apex court did not disappoint. A three-judge bench said there was no ground to doubt the investigation of the Securities and Exchange Board of India (Sebi) and did not see merit …