Adani Group’s Market Cap Rebounds To Pre-Hindenburg Levels, Surging Past Rs 18.5 Lakh Crore
The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.
Adani Power’s Q4: Net Profit Dips 48% YoY to ₹2,737 Crore, Revenue Surges 30%
The operating performance for Q4 FY 2023-24 includes the 1600 MW Godda Ultra-supercritical Thermal Power Plant (“USCTPP”) of APL’s subsidiary Adani Power (Jharkhand) Limited (APJL), which was commissioned in Q1 FY 2023-24.
US Investment Firm GQG Partners Acquires 8.1% Stake Worth Over Rs 9,000 Crore in Adani Power
GQG Partners, a US-based boutique investment firm, along with other investors, has purchased an 8.1% stake in Adani Power Ltd for a substantial sum of over Rs 9,000 crore (USD 1.1 billion).
Investors In Adani Shares Have Gained Rs 1.8 Lakh Crore In Just Three Days
Adani Enterprises' stock has increased by over 38% from its Thursday closing price, translating into a gain of about Rs 76,000 crore.
Adani Ports To Repurchase $130 mn Outstanding Loan to Ease Debt
dani Ports and Special Economic Zone said that it had conducted a tender for up to $130 million in dollar-denominated notes with a 3.375% 2024 maturity.
