Bharat Express

Adani Green Energy

Adani Green Energy Ltd (AGEL) reported an 85% increase in consolidated net profit, reaching ₹474 crore in the December quarter, compared to ₹256 crore in the same period last year.

The Indian equity market closed higher, driven by favorable domestic and global factors. Adani Enterprises emerged as top gainer in Nifty 50 index.

The domestic benchmark indices closed flat on Thursday, hit by selling in IT, FMCG, metal, media, and private banking sectors.

Gautam Adani shared his vision, highlighting the company's commitment to hope, progress, and a brighter future beyond infrastructure.

Following recent US developments, Adani Group's bonds have stabilized, with JP Morgan noting steady liquidity in the portfolio.

CRISIL Ratings affirmed that Adani Group has adequate liquidity and operational cash flows to meet its debt obligations.

Gautam Adani, his nephew Sagar Adani, and a senior executive have been charged with securities fraud violations but not with breaching the US FCPA.

The Adani Group has reported strong growth for H1 FY25, posting a 25.5% increase in EBITDA, adjusted for one-time prior period incomes.

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.