These reports are causing irreparable loss of economic value to the investors at large, Adani Group Companies said in bourse filings
Adani Group clarified that the demat accounts of three foreign funds-Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in group Companies are not frozen.
If the stock of Adani Enterprises fails to hold the support of Rs 1,300 levels, it may slip to Rs 1,000-mark, translating into a downside of 23 per cent from the current levels, charts suggest
Shares of all six companies - Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission - hit their respective lower circuits in intra-day trade today
Adani Total Gas, Adani Enterprises and Adani Transmission 'look extended', Bloomberg Intelligence analysts wrote in a June 10 note
Companies hesitant to invest in new projects as financing is difficult to come by and long-term demand is uncertain.
Redevelopment cost pegged at Rs 1,642 cr; project to be executed on design, build, finance, operate and transfer (DBFOT)-basis
The six Adani Group companies had combined market capitalisation of Rs 8.36 trillion as on Thursday
Three Adani group among six stocks added to the Global Standard Index
Adani Total Gas and Adani Transmission rose 1.5% and 2.9%, while Adani Enterprises ended little changed; Sensex dropped 0.7%
Commodity and Adani companies dominate entries so far this year
The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis
Adani Enterprises on Wednesday reported 282.2 per cent rise in consolidated net profit at Rs 233.95 crore for the quarter ended March 31, 2021.
Adani Ports' operating revenue for Q4FY21 grew by 24% to Rs 3,608 crore
The company said the potential Myanmar project write-down would not materially impact it
Amid a massive surge in Covid patients, companies are coming forward with several innovative initiatives to help people
The jump in market capitalisation in the past year is not matched by its financial performance
On Friday, Dharmendra Pradhan tweeted that steel units across India had supplied over 143,000 tonnes of liquid medical oxygen till now with steel CPSEs pitching in with 39,000 tonnes
Over the weekend, many companies stepped in to ease the bottleneck in supply and transportation of oxygen, as demand ran high with the surge in cases
MPL is incorporated in India and was registered with the Registrar of Companies, Gujarat at Ahmedabad on Monday