[ad_1] MUMBAI: In Monday’s relatively steady trading session, stocks of all Adani group companies were under pressure on the back of reports that the US Justice Department was expanding its investigation into the conglomerate to check possible bribery by the group companies. Dollar-denominated bonds of some of the group companies also saw a slide in…
[ad_1] MUMBAI: Adani Group stocks rallied up to 18% on Wednesday ahead of the Supreme Court’s judgment in the Adani-Sebi case. The SC didn’t order any investigation by other agencies or bodies like CBI in the case and declined to interfere in Sebi’s investigation.At close of the day’s session, all 10 Adani Group stocks were…
[ad_1] NEW DELHI: All Adani group stocks on Wednesday witnessed a significant surge following the Supreme Court verdict in the Gautam Adani-Hindenburg short selling case. The Adani group shares defied a weak trend in the broader equity market. Adani Energy Solutions zoomed 17.83%, NDTV jumped 11.39%, Adani Total Gas climbed 9.99%, Adani Green Energy soared…
[ad_1] Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies.Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are…
[ad_1] Investors in Adani stocks received a setback in 2023 as the conglomerate’s market capitalization fell by approximately Rs 6 lakh crore due to the Hindenburg controversy. The combined market value of all 10 listed Adani companies, which was Rs 19.6 lakh crore at the end of 2022, has now declined to Rs 13.6 lakh…
[ad_1] Adani Group’s solar-energy unit has unveiled an initial blueprint for repaying its $750 million bond due next year, extending a rally in the debt as the Indian conglomerate rebuilds confidence after a market rout earlier this year.Adani Green Energy Ltd, part of billionaire Gautam Adani’s empire, will redeem the notes in full by its…
[ad_1] MUMBAI: The combined market valuation of all the 10 Adani groupstocks went above the Rs 14.5 lakh crore mark on Wednesday, as seven group companies continued to rally. Adani Total Gas closed at the 20% upper circuit level while Adani Green Energy was up 16%. The other five gains from the group were up…
[ad_1] Adani Group stocks continue to party! The stocks of Adani Group have shown remarkable growth for the fourth day in a row. Nine out of ten stocks are trading in the green, with Adani Green Energy and Adani Total Gas witnessing a significant rise of 16%. Adani Enterprises and Adani Ports and Special Economic…
[ad_1] A stocks rally in firms owned by Gautam Adani added $5.6 billion to his net worth last week after India’s top court concluded hearings in a lawsuit where the markets regulator is probing wide-ranging allegations of corporate malfeasance against the conglomerate.The founder of the Adani Group, whose stocks were battered earlier this year after…
[ad_1] Gautam Adani, the Indian billionaire, has reclaimed a position among the world’s top 20 richest individuals after a consecutive market rally lifted the combined market value of his companies by 1.33 lakh crore. He currently holds the 19th spot on the Bloomberg Billionaires Index, marking a $6.5 billion increase in his overall net worth,…
