The issue, which would be India's second-biggest for the current financial year, will open for subscription on Sept 4 with closing scheduled for Sept 17, according to an exchange filing
As Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.
Adani Group is seeking institutional investors including from the US as part of its efforts to expand its shareholder base and draw more research analysts to cover the firm
With this, the existing shareholders of AEL will hold shares directly in Adani Wilmar
Total income declined to Rs 15,474 cr in the April-June quarter of 2024-25 from Rs 18,109 cr in the same quarter of the last year
Adani Energy Solutions, Adani Green Energy, and Adani Power saw a hike in promoter holdings between 96 bps and 173 bps
Representatives for the Adani group and Nuvama did not offer any immediate comments, while representatives for Jefferies, SBI Capital and Wilmar International declined to comment
Other Adani Group entities also saw losses, which include Adani Green 0.45 per cent, Adani Energy Solutions 0.62 per cent, Adani Total Gas 0.53 per cent and Adani Wilmar 0.46 per cent
Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.
Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.
Total promoter holding in the Adani Group flagship firm has now risen to 73.95% from 71.93% last September
At 09:41 am; Adani group stocks had recovered up to 13 per cent of the intra-day losses, but were still down in the range of 6 per cent to 10 per cent on Tuesday.
The proceeds will be used by Adani Enterprises Ltd (AEL) for its various projects, including the expansion of airports
The flagship's stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023
Adani Enterprises stock update: The stock was up 2 per cent in Friday's intra-day deals after the company said its board will meet on 28 May to consider fund raise.
Caution advised at Ambani and Adani group stocks, as Reliance, Jio Fin, Adani Enterprises and Adani Ports trade at key support levels, show technical charts.
The company did not give details of the alleged violations or the parties involved
Adani Group stocks technical outlook; Adani Enterprises, ACC and NDTV seem negative on the charts, while Adani Ports, Adani Green and Ambuja Cements hold promise. Other Adani stocks seen range-bound.
Six group firms say they have received notices; legal experts say allegations don't seem to be very serious
The equal joint venture between Adani Enterprises and EdgeConneX plans to build 1 GW data centred