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Adani Group Stocks Outperform Nifty After Codelco Deal, Adani Green’s MSCI Inclusion

Adani Group stocks outperformed the Nifty on Thursday after Kutch Copper partnered with Chile’s Codelco and Adani Green Energy entered the MSCI Global Standard Index.

Shares of Adani Enterprises, Adani Ports, Adani Energy Solutions and Adani Green Energy gained 1.61 per cent, 1.49 per cent, 1.6 per cent and 1.76 per cent, respectively.

Adani Ports and Adani Enterprises led the rally, rising over 1 per cent to ₹1,907 and ₹2,714.50.

Adani Energy Solutions, meanwhile, climbed 1.6 per cent to ₹1,439.70 by 11:55 AM, against a 0.4 per cent gain in the Nifty.

MSCI’s November 2026 review added Adani Green Energy to its Global Standard Index, potentially attracting $60 million in inflows.

The changes could raise India’s weight in the MSCI Emerging Markets Index from 11.5 per cent to 11.7 per cent and draw around $2 billion in passive investments on November 30.

Earlier, Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises, announced a strategic exploration partnership with Chile’s Codelco for the Kaburkaala project in the Calama copper belt of northern Chile.

The agreement aims to strengthen India-Chile cooperation in critical minerals and support long-term copper supply security.

Separately, reports said the Adani Group plans to fund up to half of its proposed 2.56-billion-euro acquisition of Evos BV through equity, with the remaining amount financed through a syndicated loan.

The group is reportedly considering an equity infusion of up to $1.45 billion and plans to refinance around 1.3 billion euros of Evos’ existing debt.

Mitsubishi UFJ Financial Group is the sole underwriter and has committed financing of up to 2.8 billion euros, while other lenders are reportedly considering joining the arrangement.

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Anamika Agarwala

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