Bharat Express

Adani Green Energy

After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements and ACC Ltd, rebounded strongly on Friday.

The Adani Group has rejected recent bribery allegations from the US DOJ and SEC, calling them baseless and unfounded.

Adani Green Energy Ltd (AGEL) has achieved 41% CAGR in renewable energy capacity over the past five years, according to Emkay Global’s report.

The company's total revenue grew by 24% to ₹2,528 crore, driven mainly by the addition of 2,618 MW of capacity over the past year

The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.

AGEL delivered 1,000 MW in less than 12 months of commencing work at Khavda. This involved installing approximately 2.4 million solar modules.

The Fundraising of $3.5 billion is likely to be completed in September quarter will go to fund the capital expenditure of the group.

Leading bourses NSE and BSE are considering moving Adani Green Energy under the second stage of the long-term Additional Surveillance Framework (ASM) framework from today.

The NSE and BSE said that Adani Power has satisfied the criteria for inclusion under short-term ASM

World markets are reacting positively to the UBS buy-out of Credit Suisse. Dow futures is up around 100 points. Meanwhile, European markets are trading in the green as we write. Even though Dow futures is trading in the green, Indian markets are expected to open negatively fearing volatility. Asian markets are trading lower. SGX Nifty …