Here’s a quick look at stocks likely to be in focus in today’s trade. Adani Power: Adani Power has announced that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL). The acquisition involves an upfront payment of ₹4,101 crore. LAPL is currently undergoing …
Adani Power announced on Thursday that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) with an upfront payment of ₹4,101 crore. LAPL is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, as stated in a filing …
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 …
Adani Enterprises Ltd, Adani Power, Adani Green Energy Ltd and Adani Energy Solutions Ltd are among 10 Adani group stocks that would be in focus today, and so would be shares of 360 ONE WAM Ltd, following Hindenburg Research’s fresh reports where it suggested alleged links of SEBI Chairperson Madhabi Puri Buch and her husband …
Recently, NSE has made a big decision regarding margin funding. NSE has made a big cut in the list of stocks eligible to be pledged for margin funding. The stock market has tightened the rules related to collateral, which will result in 1,010 stocks being removed from the list of 1,730 stocks starting August 1. …
Shares of all Adani Group companies tumbled on Tuesday as the initial trend showed BJP winning a lesser number of seats than predicted in exit polls. The stock of Adani Ports plummeted 20 per cent, Adani Energy Solutions plunged 19.80 per cent, Adani Power slumped 19.76 per cent, Ambuja Cements tumbled 19.20 per cent and …
With Adani Ports, billionaire Gautam Adani’s cash cow, leading the downside with 20% crash, shares of all 10 Adani Group companies on Tuesday fell as the counting of votes for the Lok Sabha elections showed that PM Modi may not win as many seats as expected in the exit polls. Shares of Ambuja Cements, Adani …
Shares of Adani Power Ltd saw a sharp uptick in Monday’s trade to scale their record high levels. The stock soared 17.68 per cent to hit an all-time high of Rs 890.40. Around 30.41 lakh shares were last seen changing hands on BSE. The figure was more than three times compared to the two-week average …
Billionaire Gautam Adani-led Adani Power, on May 1, reported its financial results for the quarter ended on March 31, 2024. The company a 48 per cent decrease in its consolidated net profit, amounting to ₹2,737 crore against ₹5,243 crore reported during the corresponding period of the previous year by the power company. For the quarter, …
Mumbai: Adani Enterprises (AEL), the flagship firm of billionaire Gautam Adani, is seeking to aggressively expand its data centre business. AdaniConneX, the equal joint venture between AEL and Sweden’s EQT-owned EdgeConneX, is looking to invest $5 billion in the next five years, of which more than half could be ploughed in this year itself. Of …