NCLAT upholds Adani Power's ₹4,000 crore resolution plan for Vidarbha Industries Power, rejecting challenges on CIRP timeline and operational creditor payouts under the IBC
A bench comprising Justices Aravind Kumar and NV Anjaria held that the customs department lacked statutory authority to impose duty on electrical energy cleared from the SEZ to the DTA
On the financial front, JM Financial expects revenue and Ebitda to grow at a CAGR of 15 per cent and 18 per cent, respectively, over FY25-28, driven by ongoing capacity additions.
In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely overshadows the preceding day's price action on the charts.
Antique Stock Broking has a target price of ₹187 per share for Adani Power, an upside of 30 per cent from Monday's close.
Adani Power Ltd (APL) would invest around Rs 48,000 crore to set up a greenfield power plant while Adani Green Energy Ltd (AGEL) would put in approximately Rs 15,000 crore for the two PSPs
Adani Ports and Adani Energy Solutions hit fresh 52-week highs in intra-day trade on Friday even as benchmark indices traded in red.
The Bihar government awarded the 2,400 MW Bhagalpur (Pirpainti) power project to Adani Power Ltd after a competitive bidding process in which the Ahmedabad-based company quoted a lower electricity tariff than three other bidders, including Torrent Power and JSW Energy, sources said. The Bihar government had floated an open tender for the Bhagalpur project to meet the state's electricity demand, projected to double to over 17,000 MW by 2034-35. Four qualified bidders participated in the tender, with Adani Power quoting the lowest electricity tariff of Rs 6.075 per kWh (or per unit), sources with direct knowledge of the bidding process said. Adani Power emerged as the lowest bidder (L1) with a tariff of Rs 6.075 per kWh, comprising a fixed charge of Rs 4.165 and a fuel charge of Rs 1.91 per unit. The state government described the tariff as "highly competitive", noting that similar recent bids in Madhya Pradesh quoted higher fixed charges. Torrent Power was the second lowest bidder
Bangladesh's interim government has said that it will not hesitate to cancel an existing power contract with India's Adani group if any irregularities or corruption are proven. The 2017 power supply deal between Adani Power and Bangladesh had come in for scrutiny after the ouster of the Sheikh Hasina-led government last year. The contracts (generally) state that no corruption has occurred, but if proven otherwise, cancellation is possible, Energy Affairs Adviser Muhammad Fouzul Kabir Khan was quoted as saying by local media. The adviser was reacting to an interim report submitted by a National Review Committee, which was formed to review the power sector contracts by the Hasina regime. There was no immediate reaction from the Adani group on the adviser's comments. The National Review Committee, headed by retired High Court judge Moinul Islam Chowdhury, recently submitted its interim report on alleged corruption during deals inked under the Hasina regime. The committee is expected
Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.
Adani Power secured new power purchase agreements, including a 2,400 megawatt (MW) project from Bihar, 1,600 MW from Madhya Pradesh, and 570 MW from Karnataka (by October 25)
Q2FY26 company results: Firms including Hyundai Motor, NTPC, United Spirits, Canara Bank, NTPC, Bandhan Bank, and Lodha Developers are also to release their July-September earnings reports today
Among the frontline Adani stocks - Adani Enterprises, Adani Power and Adani Ports and Special Economic Zone were up in the range of 3 per cent to 5 per cent on Wednesday.
Adani Power surged over 34 per cent in two sessions after the market regulator cleared it of Hindenburg's allegations, while the stock also traded ex-split on Monday
Stocks to Watch today, September 23, 2025: JBM Auto, Vedanta, JK Lakshmi, Dr Reddy's Labs and other stocks will be in focus
Adani Group companies continued to rally on Monday, adding Rs 1.78 lakh crore in market valuation in two days, propelled by heavy buying in listed stocks following markets regulator Sebi's clean chit in the Hindenburg case. The regulator's order, which dismissed allegations of stock manipulation and related-party misuse, has led to optimistic investor sentiment, sending Adani stocks sharply higher for the second day in a row. Shares of Adani Power jumped 19.99 per cent to hit its upper circuit limit of Rs 170.15 apiece on the BSE. The stock of Adani Total Gas skyrocketed 19.87 per cent, Adani Green Energy zoomed 11.75 per cent, Adani Energy Solutions surged 6.94 per cent, Adani Enterprises Ltd climbed 4.24 per cent, Ambuja Cements rallied 1.43 per cent, Adani Ports went up by 1.17 per cent, NDTV edged higher by 1.12 per cent and ACC (0.30 per cent). Together, these firms added Rs 1,78,598.41 crore in market valuation in two days. The rally in the stocks came after Sebi on Thursday
Stocks to Watch today, September 22, 2025: From IT stocks to MRF, here is a list of shares that will remain on investors' and traders' radar on Monday
Adani Power stock split today: Shares of the Adani Group company turned ex-date for stock split in the ratio of 1:5
The Adani Group gained ₹66,000 crore in market capitalisation on Friday after Sebi gave a clean chit regarding the Hindenburg Research allegations
Morgan Stanley assigned a target of ₹818 per share under the base case, an upside of nearly 30 per cent from Thursday's close