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
Three companies controlled by Adani are considering a fundraising that may draw as much as $5 billion
The three companies said on Wednesday they were holding board meetings on Saturday to consider proposals to raise funds. They did not disclose how much they intended to raise
Billionaire Gautam Adani's conglomerate is looking to raise USD 2-2.5 billion through an equity share sale in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short seller. Boards of two group companies will meet on May 13 to consider fundraising, according to stock exchange filings. "A meeting of the board of directors of Adani Enterprises Ltd will be held on Saturday, May 13, 2023, at Ahmedabad, inter alia, to consider and approve the proposal of the raising of funds by way of issuance equity shares or any other eligible securities through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods," the firm said in the filing. Adani Green Energy Ltd - the group's renewable energy company - too sent out a similarly worded filing. Neither of the two companies disclosed how much money they intend to .
CLOSING BELL: In the broader markets, the BSE SmallCap index outperformed the frontline indices with 0.68 per cent rise
Business Standard brings you top news at this hour
Adani Enterprises Ltd., the Indian tycoon's flagship, said in a statement on Wednesday it's holding a May 13 board meeting to consider selling stock
Adani Enterprises Ltd said on Wednesday that the company's board will hold a meeting on May 13 to approve a proposal to raise funds
CLOSING BELL: HDFC and HDFC Bank accounted for a loss of 645 points on the BSE benchmark. Broader indices ended with relatively lesser losses of around 0.5 per cent each.
Stocks to watch on May 05, 2023: Adani Power, Bharat Forge, Blue Dart, Britannia, Equitas SFB, Federal Bank, Marico and Paytm on investors radar ahead of Q4 earnigns today.
Group flagship company is focused on 'governance, compliance, performance': Gautam Adani