ADANI ENERGY SOLUTIONS SHARES
Adani Group: Bernstein analysts on what changed in last 2 years
A Bernstein report highlights that the Adani Group's balance sheet has improved over the past two years since the Hindenburg report in January 2023, with stocks recovering from their losses. Nikhil Nigania noted a significant reduction in share pledges across Adani companies, addressing prior investor concerns about a potential domino effect from share pledges.
Adani Ports shares jump 5.5% on achieving 36 MMT cargo volume in November
Shares of Adani Ports rose 5.5% after reporting a 21% growth in November cargo handling and a credit rating upgrade for Gopalpur Ports.
Adani Green shares recoup all losses following US bribery charges in 7 trading days
Adani Green Energy shares surged 9%, recovering losses from the U.S. indictment on November 21. Allegations against founder Gautam Adani were denied, boosting investor confidence. In recent sessions, Adani Green emerged as a top performer. The group may revisit its dollar bond sale in 2025, pending investigation outcomes. Plans to raise $500 million by February 2025 remain in place.
Adani Green Energy shares rally 9% after Gautam Adani responds to bribery allegations and legal scrutiny
Adani Green Share Price: Adani Green Energy shares rise by 9.1% after Chairman Gautam Adani addresses bribery and fraud allegations, emphasizing resilience and commitment to compliance. Adani highlights challenges faced, including the Carmichael coal mine protests and the 2023 Hindenburg report, stressing the group's strength and financial stability.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock market closed higher, led by Bharti Airtel, Reliance, and pharma stocks. Analysts predict Nifty's potential rise to 24,400, supported by buying momentum and reduced volatility.
Adani Energy Solutions, Adani Total Gas shares soar up to 19%. Here¡¯s the reason behind the rally
Adani Total Gas Share Price: Adani Group stocks surged after clarifying bribery allegations. Shares of Adani Energy Solutions, Total Gas, and Green Energy hit upper circuits, following a clarification on US fraud charges and their impact.
- Go To Page 1
Sensex, Nifty flat in early trade as mixed global cues weigh on D-St
Indian benchmark equity indices opened flat on Wednesday, with gains in some stocks offset by losses in others. The Sensex traded slightly lower, while the Nifty50 also dipped. Adani Group stocks saw gains of up to 4%, countering losses in companies like Reliance Industries and Bharti Airtel.
Waaree Energies' shares jump 3% after securing 600 MWp solar module order
Waaree Energies' shares rose 3.5% after the company secured a 600 MWp solar module supply order. Delivery is set to begin in FY2025-26, contributing to India's clean energy goals. This follows another recent order for 180 MWp of modules. The company, listed in October, is a leading Indian renewable energy firm with a global presence.
As Adani Group stocks wobble, investors take fewer chances
Shares of all the 11 listed companies ended lower on Tuesday, falling between 1% and 7% after Fitch Ratings put some Adani Group bonds under its negative watchlist.
Adani companies' outlook revised to negative
Seven companies within the group got their outlook lowered by Moody's. These include Adani Green Energy Ltd (AGEL), which is cited in the indictment, Adani Ports and Adani Transmission, among others.
Adani Green Energy shares fall 8% after Co. says no new financial commitment under discussion with TotalEnergies
Adani Green Energy share price: Adani Green Energy shares dropped 8% after clarifying no new financial commitments with TotalEnergies amid ongoing US allegations. TotalEnergies paused investments until clarity on charges against Adani Group officials.
Adani Group's debt-to-EBITDA hits 2.46x in H1 FY25, backed by Rs 53,024 crore reserves
The Adani Group reported a rise in its net debt-to-EBITDA ratio to 2.46 times for the first half of fiscal 2025, exceeding its guidance range of 3.5-4.5 times. This reflects the group's ambitious growth, offset by increased leverage. Despite this, the group maintains strong liquidity, with cash reserves of Rs 53,024 crore, sufficient to cover 28 months of debt repayments. The debt-to-EBITDA ratio increased from 2.19 times in FY24 to 2.46 times in September 2024.
Fitch places some Adani bonds on negative watch after US bribery charges
Fitch downgraded the outlook on some Adani bonds to negative. US authorities indicted Adani executives on bribery charges. TotalEnergies paused Adani investments. Adani denies the allegations. Adani bond prices stabilized after initial falls. The US Securities and Exchange Commission filed a parallel civil case.
Sensex down 500 points from day's high, Nifty below 24,200
Indian markets opened higher but fell later. Financial and IT stocks initially drove gains. Trump's tariff threats dampened global sentiment. Adani group shares dipped after a Fitch downgrade watch. Ashoka Buildcon shares rose after securing a project. FIIs turned buyers after 38 sessions. Oil prices and the rupee slipped.
US bribery case fallout: Adani stocks lose Rs 2.44 lakh crore m-cap in 3 sessions
On November 19, Adani Group's market cap stood at ?14.30 lakh crore but dropped by ?2.24 lakh crore on November 21 following news developments. The decline continued at a slower pace, with a ?10,306 crore drop on November 22, bringing the total to ?11.96 lakh crore, and a further ?10,436 crore fall on Monday, reaching ?11.85 lakh crore.
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions stated that the cancellation of a $736 million transmission line project in Kenya does not necessitate regulatory disclosure according to Indian stock exchange rules. The company asserts that the cancellation falls within its normal business operations and will not materially impact its operations. This statement comes after Kenyan President William Ruto revoked the 30-year public-private partnership deal.
Adani Group stocks reverse losses, surge up to 4% a day after US charges Gautam Adani
Adani Enterprises Share Price: Most Adani Group stocks ended in the green on Friday after witnessing significant cuts on Thursday following a US court's indictment of Chairman Gautam Adani and seven others in a bribery case. Ambuja Cement and ACC saw significant gains. The Adani Group, has however, denies the allegations.
ACC, Adani Enterprises among 6 Adani Group stocks where FIIs cut stakes in CY2024
Foreign Institutional Investors (FIIs) have been reducing their holdings in several Adani Group stocks over the past three quarters, while increasing stakes in others. This comes amidst allegations of bribery and fraud against Adani Group Chairman Gautam Adani by the US Securities and Exchange Commission, leading to a significant drop in the company's market value.
Your ¡®SIP sahi hai¡¯ mantra translates to ¡®QIP sahi hai¡¯ for India Inc promoters
Indian companies have raised a record Rs 97,000 crore this year through qualified institutional placements (QIPs), capitalizing on strong domestic market flows and sustained mutual fund SIP inflows. Promoters are taking advantage of high valuations to raise capital, even as some analysts warn of a potential market correction.
GQG loses Rs 8,170 cr on Adani shares; also skids 20% on Australian bourse
Shares of GQG Partners plunged 20% on the ASX (Australian Securities Exchange) on Thursday, eroding nearly ?8,100 crore (approx. US $950 million) or 16% of its market value.
Charges against Gautam Adani in bribery case credit negative for Adani companies: Moody's
Gautam Adani and seven others were indicted in a US bribery case. Moody's said the indictment is credit negative for Adani Group companies. Adani Group stocks and dollar bond prices fell sharply. Adani bull GQG Partners said it was reviewing the emerging details. GQG's statement came after its stock tumbled 26% in Australia.
Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio
GQG Partners Share Price: GQG Partners, an investment firm that heavily invested in Adani stocks, is reviewing its portfolio following U.S. prosecutors indicting Gautam Adani and others on bribery charges. GQG's shares plummeted 26% after the news, while Adani Group stocks fell by up to 20% in India.
GQG hiked stake in 4 Adani stocks, LIC booked profit in 2 in Q2
GQG Partners increased its stake in four Adani Group companies during the September quarter, while LIC reduced its holdings in two. These changes occurred before the recent allegations against Gautam Adani. The Adani Group has faced investor uncertainty since the Hindenburg report.
Rs 2.24 lakh crore gone! Adani stocks record worst day since Hindenburg crisis
The Adani Group experienced its worst trading day since the Hindenburg controversy, with a Rs 2.24 lakh crore market cap drop following bribery charges against Gautam Adani and other executives by US prosecutors. Adani's net worth plunged by $12 billion, and shares of Adani companies plummeted, impacting bond markets and prompting concern from investors like GQG Partners.
Adani Energy shares crash to hit 20% lower circuit after 100% acquisition of Pune-III Transmission
Adani Energy Solutions' shares plummeted 20% after Gautam Adani and others faced charges in a US bribery and fraud case. This occurred despite the company's announcement of a 100% stake acquisition in Pune-III Transmission, aiming to enhance shareholder value and support renewable energy evacuation.
Adani Energy Solutions signs pact to acquire 100 pc stake in Pune- III Transmission
Adani Energy Solutions Ltd (AESL) is acquiring Pune- III Transmission Ltd (PTL) from PFC Consulting Ltd to establish new substations and a transmission line. This acquisition will enable the evacuation of 7 GW of renewable energy from Gujarat's Khavda RE Park and aligns with AESL's strategy of enhancing shareholder value.
Adani Energy shares tumble 4% on Sebi notice for alleged misclassification of shareholding
Adani Energy Solutions shares are under scrutiny following the receipt of a show-cause notice (SCN) from the Securities and Exchange Board of India (SEBI) during the September quarter, related to the wrongful categorization of shareholders. The company disclosed this in its exchange filing for the quarter but did not provide further details.
Adani Energy Solutions Q2 Results: PAT soars 145% YoY to Rs 675 crore
Adani Energy Solutions Q2 Results: Adani Energy Solutions saw a 145% YoY surge in Q2 net profit to Rs 675 crore, driven by a 68% rise in revenue to Rs 6,184 crore. Transmission business revenue more than doubled, while distribution grew 22%. The quarter also marked a return to profit QoQ after a previous loss.
Adani Energy Solutions shares in focus ahead of Q2 results today
Adani Energy Solutions share Price: Adani Energy Solutions will announce its Q2 FY25 results today, with key updates including a system availability of 99.7% for its transmission business, three new project wins, and an increase in e-payments. The company raised Rs 8,373 crore via qualified institutional placement.
Load More
