The mine has been at the centre of several protests and campaigns by environmentalists.
Adani Transmission will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc
Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE
Adani Ports and Special Economic Zone (APSEZ) and Adani Enterprises were rallied 7 per cent and 6 per cent, respectively, in intra-day trade on the BSE
The decline saw the firms' cumulative market capitalisation decline by over a sixth.
Adani has lost over $12 billion in just four days after concerns over FPI ownership.
The 58-year-old tycoon lost more money this week than anyone else in the world, with his personal fortune tumbling by about $9 billion to $67.6 billion
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Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day
A temporary bout of nervousness in the stock market won't shake Asia's second-richest man.
The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen
NSDL has already clarified that the accounts of three foreign funds - holding nearly Rs 43,000 crore worth of Adani group shares - are 'active' and not frozen
Shares of Adani's firms nosedived Monday after a local media report said accounts of these funds - owning about $6 billion of shares across the conglomerate - were frozen by NSDL
Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting of four Adani group companies from their global indices
Shares of Adani Green Energy, Adani Ports and Adani Enterprises rose up to 5 per cent each in intra-day today but soon pared gains to trade flat-to-negative
Shares recoup some losses after company, NSDL, FPIs deny report
The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups
Group's listed stocks' P/E of 102x over three times Sensex's 33x
Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have investment in a number of domestically listed firms besides the Adani group firms