Page 7 - Adani Enterprises Ltd

7 Adani group stocks hit lower circuit; Adani Ent tanks 55% in 3 days

In past seven trading days, the total market capitalisation (market-cap) of 10 Adani group companies has eroded by nearly Rs 10 trillion or 52 per cent to Rs 9.27 trillion in Friday's intra-day trades

Adani's morality similar to his Prime Mentor's humility: Congress

The Congress Thursday took a dig at Adani Enterprises over its decision to withdraw its Rs 20,000-crore share sale, saying Gautam Adani speaking of being "morally correct" is like his "Prime Mentor" preaching humility, sobriety and large-heartedness. Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. Adani Group company stocks have lost over USD 90 billion in value since a US short seller made damning allegations. "Given these extraordinary circumstances, the company's board felt that going ahead with the issue will not be morally correct," Gautam Adani, chairman of Adani Enterprises, said. "The interest of the investors is paramount and hence to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO," Adani said. Reacting to the remarks, Congress general secretary in-charge communications Jairam Ramesh said on Twit

Adani group shares extend fall; Adani Total Gas tanks 51% in five days

Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.

Adani Enterprises' Rs 20,000-crore FPO sails through Hindenburg storm

At 2:40 p.m, the share sale had garnered 84% subscription; after adding Rs 5,985 cr raised from anchor investors, the issue has crossed the mandatory 90% subscription mark

Securities fraud by the 'Madoffs of Manhattan', says Adani group

It further said the report by Hindenburg Research is nothing but a lie

Rebound in Adani group stocks key to Rs 20,000-crore FPO's success

The FPO managed to garner bids worth Rs 150 crore on its first day amid an 18 per cent crash in AEL's stock

Hindenburg report 'gas and fire', our FPO, investment plans on track: Adani

Group cos churning Rs 1,100 cr Ebitda a week

Cloud over Adani Enterprises FPO as stock dips 11-15% below offer

Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14,908 cr on offer

Adani counters Hindenburg charges, says top firms are auditing 8 group cos

Group says it is evaluating Big-6 firm to audit Adani Total Gas; Hindenburg, by its own admission, is stands to gain from a slide in Adani shares

F&O Check: Shorts rise at Adani counters; AEL may hit Rs 2,600 level

Adani Enterprises, Adani Ports, ACC and Ambuja Cements witnessed significant build-up of OI in tandem with a fall in stock price so far this week, indicating build-up of shorts at these counters.

Adani Enterprises FPO: Short-term trend on the stock remains negative

A sustained move over the 50-DMA of Rs 3,881 could see the counter heading towards recording a new historic peak

Gautam Adani's discount share sale tries to woo public, silence critics

The share sale 'allows us to increase the participation of the Indian public. Every household of rural India can invest in it'

Rs 20,000-cr Adani Enterprises FPO opens on Jan 27: Should you subscribe?

Shares of Adani Enterprises have soared 78.41 per cent so far this fiscal year (FY23), as against 4.2 per cent rise in the S&P BSE Sensex

Adani Enterprises hits 2-mth low, down 4% on setting FPO price at discount

The company has set a price band of Rs 3,112-Rs 3,276 per share for its Rs 20,000-crore follow-on public offering (FPO), that opens for subscription on January 27.

Adani Enterprises' Rs 20,000 crore FPO to fund green capex, debt payback

Rs 11,000 crore will be invested in green hydrogen and airport projects, Rs 4,100 cr for retiring debt

Adani Enterprises' Rs 20,000-crore FPO likely before Budget 2023

Will be first to issue partly-paid up shares

Adani firms, RIL share honours in Motilal Oswal wealth-creation study

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

Post impressive Q2 results: SBI, Coal India look set for up to 21% rally

Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.

Adani Enterprises storms into top-10 most-valued firms club; stock soars 3%

At 10:06 am, with a market-cap of Rs 4.52 trillion, Adani Enterprises stood at 9th position in the overall market-cap ranking, the BSE data showed.

Adani Enterprises Q2 net more than doubles; revenue rises threefold

In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY