Majority of the Adani Group stocks ended in the positive territory on Wednesday, with Adani Enterprises climbing over 5 per cent, after US-based boutique investment firm GQG Partners and other investors bought close to USD 1 billion of additional stakes in group companies as billionaire Gautam Adani continues to rebuild market confidence since the hit by a damning report of a US short seller. Shares of flagship firm Adani Enterprises jumped 5.34 per cent on the BSE. The stock of Adani Transmission rallied 5.93 per cent, Adani Ports climbed 5.12 per cent, Adani Total Gas (2.26 per cent), Adani Wilmar (1.83 per cent), ACC (1.31 per cent), Adani Power (0.59 per cent) and Ambuja Cements (0.07 per cent). However, Adani Green Energy shares declined 0.16 per cent and that of NDTV fell by 0.32 per cent. The investors bought 18 million shares, or 1.6 per cent, from the Adani family in group's flagship Adani Enterprises Ltd in a single block trade. In renewable energy firm Adani Green Energy
Till 10:49 am; around 23 million shares of Adani Enterprises had changed hands, as compared to an average sub 7 million shares traded over last 10 days on the NSE
Regulator probes possible breach of laws related to insider trading
The framework will finance two data centers with an aggregate capacity of 67 MW including one in Chennai with Phase 1 of 17 MW and another in Noida of 50 MW
CLOSING BELL on June 19, 2023: The BSE Sensex whipsawed 527 points intra-day today
A short-seller attack earlier this year on the Adani Group had focused on a different family member. New York-based Hindenburg Research had gone after tycoon Gautam Adani's older brother, Vinod
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The company in a BSE filing said that the share purchase agreement has been signed for a 100 per cent acquisition in the Stark Enterprises, which is an online train booking and information platform
Stocks to Watch on June 8, 2023: Shares of banks, automobile, and real estate companies could see considerable action in Thursday's session as the Reserve Bank of India (RBI) is slated to announce its
Some of the prominent Indian stocks that delivered over 10x total returns over a 5-year rolling period since 2000 include Westlife Foodworld, Bharti Airtel, Adani Total Gas, said the report
Stocks to watch on June 2, 2023: From Adani Enterprises to NHPC, here are top stocks to watch in Friday's trading session
Adani group was also planning to buy stake of IL&FS in the GRICL
In its Adani report, Hindenburg Research named five Mauritius-based companies that collectively held sizeable stakes in Adani group companies over one and a half decades
Leading bourses BSE and NSE will put the securities of Adani Enterprises under the short-term ASM framework from Thursday. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. Adani Enterprises Ltd is shortlisted in short-term Additional Surveillance Measure (ASM) framework Stage-I effective from May 25, the National Stock Exchange (NSE) and the BSE said in two separate circulars on Wednesday. Under the short-term ASM, the exchanges said, "applicable rate of margin shall be 50 per cent or existing margin whichever is higher, subject to maximum rate of margin capped at 100 per cent, with effect from May 26, 2023 on all open positions as on May 25, 2023 and new positions created from May 26, 2023." In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework. On Wednesday, Adani Enterprises stock tumbled 5.90 per cent on the BSE. I
On Tuesday, GQG Partners raised their stake in the Adani conglomerate by 10% to $3.5 billion
Adani Wilmar was locked in the 10% upper circuit, while, Adani Transmission, Adani Green Energy, Adani Total Gas, and NDTV were locked in 5% upper circuit for the second straight day
Stocks to Watch on Tuesday: Multiplex firm PVR Inox Ltd, on Monday, reported a widening in consolidated net loss at Rs 333 crore for Q4FY23
CLOSING BELL: The NSE Nifty 50 ended with a gain of 84 points; Realty index soared over 4%; auto and bank shares also logged significant gains.
Stocks of at least four companies controlled by billionaire Gautam Adani - including the conglomerate's flagship Adani Enterprises Ltd. - show a strong tendency to climb in the second half of year
Stocks to Watch today: Adani Enterprises and Adani Transmission will together raise Rs 21,000 crore