Shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08. On the upside, the stock can surge to Rs 450.
AEL, Adani Power, Adani Green Energy, Adani Transmission, Adani Total Gas, Adani Wilmar and Adani Ports and SEZ surged up to 4 per cent, as against 0.18 per cent decline in the S&P BSE Sensex.
The deal, executed at Rs 3,110 crore, will give Adani control over four stretches of toll roads in Andhra Pradesh and Gujarat and is expected to be completed by September
Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.
The company's consolidated revenue from operations surged 225% to Rs 40,844 cr
Adani Road Transport will acquire 56.8% stake in Gujarat toll roads portfolio and 100% stake in Andhra Pradesh toll roads portfolio
Collaboration will give Indian group access to latest know-how in 5G, cyber, AI
CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent
Will also embrace green fuels, industrial energy efficiency
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
Coverage may improve as more funds start chasing the stock, say market experts
State-owned CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder, sources said on Monday. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of coal, was earlier selected for the short-term shipment. However, for a medium-term tender for sourcing additional 6 million tonnes (MT) of coal from overseas, PT Bara Daya Energy had qouted Rs 2,000 per tonne less than the rate quoted by the Adani group firm. So, Coal India, in its board meeting held on July 8, decided to cancel the short-term tender of 2.416 million tonnes and PT Bara Daya Energy was asked to supply the indented quantity against the medium-term tender, the sources said. A query sent to Adani Enterprises seeking comment on the move remained unanswered. According to the sources, the letter for award of contract was issued to the lowest bidder of medium term-tenders for east and west coast supply on July ...
In the past six months, it has surged 28 per cent as against 12 per cent decline in the S&P BSE Sensex
The Group said it has participated in the 5G spectrum auction to provide private network solutions along with enhanced cyber security in the airport, ports & logistics and other businesses
The reaction comes even as Adani Group said it does not intend to be in the consumer mobility space
The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday
Funds raised for first phase of greenfield plant, firm signs financing documents with SBI-led consortium
The corpus will be administered by the Adani Foundation
Apart from Adani, the other two names disclosed by CIL from its pre-bid meetings were contenders in the NTPC tender as well.
The controversy over the Adani investment in the neighbouring nation stems from domestic power politics in which a bureaucrat has become collateral damage