Page 6 - Adani Enterprises

Adani Enterprises Q3 result: Profit drops sharply by 97% to Rs 58 crore

Adani Enterprises Q3FY25 result: Profit stood at Rs 1,888 crore during the same period last year

Adani Enterprises, Zomato, SpiceJet: 15 stks dip 27% below their QIP price

These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.

Sri Lanka revokes Adani wind power deal; Group denies cancellation claims

Sri Lankan President Anura Kumara Dissanayake began investigations into Adani's local projects after founder Gautam Adani faced bribery allegations from the United States last year

Meta to be summoned, hoax bomb threats, Adani shares, Israel-Hamas ceasefire & more

A Parliamentary committee is planning to summon META CEO Mark Zuckerberg over his “factually incorrect” statement describing the 2024 Lok Sabha election.

Adani Group shares in focus; Power, Green, Energy Solutions gain up to 12%

Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today

Adani Wilmar stks fall below OFS floor price; at lowest level since Feb'22

The company's stock hit an over two-year low of Rs 267.45, tanking 17% in two days and falling below its floor price of Rs 275 fixed for the offer for sale

Adani Commodities to offload 20% stake in Adani Wilmar through OFS

The floor price for the OFS is set at Rs 275, offering a 15% discount to the current market price

Stocks to Watch, Jan 7, 2025: Coal India, Mobikwik, Nuvoco Vistas, Airtel

Stocks to Watch, Jan 7, 2025: From Mobikwik to Nuvoco Vistas, here are few stock that will remain in focus today

Youngest world chess champion Gukesh Dommaraju meets Gautam Adani

Billionaire Gautam Adani called teenager Gukesh Dommaraju -- who became the youngest world chess champion by beating defending champion Ding Liren of China -- a testament of India's unstoppable youth. The chess champion, along with his parents, met Adani in Ahmedabad. "It was an absolute privilege to meet and hear the victory story of reigning World Chess Champion @DGukesh," Adani, chairman of ports-to-energy Adani Group, said in a post on X. Posting pictures with the teenager and his parents, Adani said, "Equally inspiring was meeting his incredible parents, Dr Rajinikanth and Dr Padmavathi, whose quiet sacrifices laid the foundation for his success." "At just 18, Gukesh's poise and brilliance are a testament to India's unstoppable youth. Prodigies like him are inspiring a new generation, building an army of champions ready to dominate global chess for decades. This is the confident, resurgent and rising India. Jai Hind!" he said. Gukesh became the 18th world champion after defea

Stalin govt scraps smart meter tender amid allegations of favour to Adani

The decision of scrapping the tender has been taken by the Tamil Nadu Generation and Distribution Corporation

JPMorgan maintains 'Underweight' rating on Adani Wilmar; share tanks 8%

The sharp decline was triggered by reports revealing that JPMorgan, the New York-based financial giant, maintained its 'Underweight' rating on the stock for a target price of Rs 320

Stocks to Watch, Dec 31, 2024: RIL, Lupin, ITC, Adani Enterprises, SpiceJet

Stocks to Watch on Dec 31, 2024: From ITC to Adani Enterprises, here are few stocks that will remain in focus today

Adani Enterprises to sell entire 44% stake worth $2.2 billion in Wilmar

The stake sale, which will occur in two tranches, is estimated to fetch the Adani group approximately $2.2 billion (Rs 18,824 crore) upon completion

Adani Enterprises to exit consumer goods joint venture with Wilmar Intl

Wholly-owned subsidiary of Wilmar Lence Pte Ltd will acquire up to 31.06 per cent of AWL's equity shares held by Adani Commodities LLP (ACL) via call or put options

Adani Enterprises jumps 4% in trade; here's why stock is in demand

Ventura Securities believes that Adani Enterprises is likely to see consolidated revenue grow at a CAGR of 17.5 per cent and net earnings by 45.8 per cent over FY24 and FY27

Adani Enterprises revenue to jump to Rs 1.5 trn, earnings to rise 46%

Adani Enterprises Ltd, the flagship company of the ports-to-energy conglomerate helmed by billionaire Gautam Adani, is likely to see consolidated revenue grow at a CAGR of 17.5 per cent and net earnings by 45.8 per cent over 2023-24 fiscal year (FY24) and FY27, a report said. AEL is one of India's largest listed incubators which has conceived, grown, matured and demerged many successful businesses, including ports company Adani Ports & SEZ, city gas distributor Adani Total Gas, power transmission company Adani Energy Solutions, renewable energy firm Adani Green Energy, Adani Power, and commodities firm Adani Wilmar. The company is incubating airports, manufacturing solar modules and wind turbines, green hydrogen, road construction, data centre, and copper. "Adani Enterprises Ltd (AEL), the incubator of many successful industry-leading businesses, is ambitiously diversifying into green hydrogen and its ecosystem to drive future growth," Ventura Securities said in the ...

Cong raises conflict of interest allegations against Sebi chief in LS

The Congress on Monday levelled conflict of interest allegations against the SEBI chairperson Madhabi Buch and claimed that Finance Minister Nirmala Sitharaman's "failure" to act decisively on it has not only tarnished the credibility of the government but also jeopardised the financial governance framework. Attacking the government over the Adani issue during the discussion on the supplementary demands for grants in Lok Sabha, Congress MP K C Venugopal said a joint parliamentary committee must probe the entire matter. He alleged it is a government "by Adani, of Adani, for Adani". Venugopal said between 2017-2024, Buch allegedly received over Rs 16.4 crore from ICICI bank while serving as a Securities and Exchange Board of India (SEBI) official regulating that bank. "This was five times her salary from SEBI, presenting a blatant conflict of interest," he said. She received rental income from entities linked to a firm under SEBI investigation, said Venugopal, who also heads the Pu

Stock Market Rally Highlights: Sensex soars 1,960 pts, Nifty ends above 23,900; SBI, TCS jump 4%

Stock Market Highlights: Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

Charges against Adani could lead to warrants, extradition bid: US attorney

With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than USD 2 billion in profit over 20 years. Adani Group, however, denied the charges saying the allegations by US prosecutors are "baseless" and the conglomerate is "compliant with all laws". US Attorney Breon Peace has the right to get arrest warrants issued against Adani and seven others indicted and serve them on the nations where they reside, Indian-American attorney Ravi Batra told PTI on Thursday. He further sa

Gautam Adani US indictment: Adani Group stocks extend fall by another 11%

In two days, the stock price of Adani Enterprises and Green Energy have tanked by 28%, Adani Energy slipped 27%, while Ports, Power, Total Gas, Wilmar and Ambuja Cements are down between 14% and 18%