Adani Enterprises

Adani Enterprises Ltd plans to spend between Rs 35,000 crore and Rs 40,000 crore annually over the next couple of years, with airports, data centres and its proposed PVC complex emerging as the biggest investment drivers as the conglomerate steps up expansion across its infrastructure businesses. "We expect to do capex at a run rate of around Rs 40,000 crore. So, we may be somewhere in the range of Rs 35,000 crore to Rs 40,000 crore, which is the rate we expect to continue over the next couple of years," Manan Vakharia, head of finance at Adani Enterprises, said during the company's earnings call. The planned spending comes as the group seeks to scale up businesses built over recent years, including airports and data centres, while bringing its large manufacturing investments closer to commercial operation. "The heavy lifting will be done by airports, data centres and PVC," Vakharia said. Adani Enterprises, the flagship incubator of the Adani Group, reported its highest-ever half-y

Adani Airport Holdings CEO Arun Bansal has ruled out plans to enter the airline business, saying competing with airport customers would not be a sound strategy

Adani group shares rallied up to 6% in Thursday's trade on the back of strong Q2 performance by Adani Enterprises and Adani Ports.

Adani Enterprises' Q2 net profit fell 55% to ₹1,492 crore due to a high year-ago base, while total income surged 74% to ₹38,023 crore and EBITDA rose 62% to ₹6,316 crore.

Q2FY27 company results: Firms including Hyundai Motor India, Meesho, Info Edge (India) (Naukri), Pidilite Industries, and Vedanta are also to release their July-September earnings today

Adani Enterprises' stock price on Thursday quoted at its lowest level since May 14, 2026, having declined 13% in the last six trading sessions.

Adani group stocks: Following a management meet, Jefferies recommended a 'Buy' rating on Adani Power, Adani Green Energy, Adani Energy Solutions and Adani Ports and Special Economic Zone.

Adani Enterprises, in an exchange filing, earlier today announced a stake sale of 5.54 per cent in Adani Airport Holdings Limited (AAHL) for ₹9,825 crore, or about $1 billion.

Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds will collectively acquire 5.54 per cent in AAHL, valuing the airport operator at about $18 billion pre-money

Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds will invest in three tranches; investors will collectively hold about 5.54 per cent in AAHL

The Centre's scheme received seven applications from Adani Enterprises, NTPC, Talcher Fertilisers, Gallantt Ispat and Shyam Sel & Power for projects in urea, syngas and synthetic gas

Adani Green Energy emerged as the biggest gainer among Adani Group stocks in intraday trade, rising as much as 4.69 per cent intraday.

Stocks to buy today: Sachin Gupta of Choice Equity Broking has recommended three stocks to buy today - Jindal SAW, Electrosteel Castings, Adani Enterprises.

Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.

The project will evacuate renewable power from Karnataka to Maharashtra and support pumped storage projects in Satara, Pune and MMR

The shares have surged 34% so far in 2026, putting the company on track to end the year as the top gainer on the NSE Nifty 50 Index

Brooklyn-based US District Judge Nicholas Garaufis dismissed conspiracy, securities and wire fraud charges brought against them in a late-night order, marking an end to Adani's US legal troubles.

Q1FY27 company results: Firms including Oil India, Power Finance Corporation, BEML, Godrej Consumer Products, and The Ramco Cements are also to release their April-June earnings today

Revenue increased 49.9 per cent to ₹32,923.98 crore as copper revenue rose to ₹10,710.48 crore from ₹536.57 crore; operating margin edged up to 15.25 per cent year-on-year

Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today