All that happened in the markets today
The three airports are part of the six airports won by the Adani group under a competitive bidding process
Other stocks that were buzzing in the trade were Texmaco Rail (up 11 per cent), Capacite Infraprojects (up around 10 per cent), and Adani Enterprises (up over 8 per cent).
The handover of Ahmedabad, Lucknow, and Mangalore airport is still pending as Adani Enterprises sought time to pay an upfront fee of Rs 1,000 crore for the three airports
Maintains capex guidance of Rs 10,000 crore for the year
The Gautam Adani-led company had clocked a consolidated profit of Rs 570.14 crore in the corresponding quarter a year ago, the company said in a BSE filing
The companies that signed MoUs include Adani Enterprises (Rs 2,300 crore), Visteon (Rs 500 crore) and Airflow Equipments (Rs 320 crore), among others
The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.
Snowman Logistics stock is down 35% since deal was announced last December; valuation also hit by Rs 13 cr loss reported by company in first nine months of FY20
Firm posts pre-tax loss of Rs 13.89 crore in Q4 of FY20, has laid out capex of Rs 10,000 cr for FY21
Sebi has also introduced limits on open positions for going short or long in index derivatives
Bharatmala Pariyojana is a government-sponsored and funded road and highways project
An arbitration which was caught in legal knots for 12 years will start now after the Division Bench of the Bombay high court set aside the order of the single judge bench.
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Commenting on the results, group chairman Gautam Adani said that the company continues to focus on incubating assets in transportation and utilities space
Today, a total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results
Other Adani Group stocks also declined in intra-day trade today. Adani Enterprises (down 5 per cent to Rs 219), Adani Green Energy (down 5 per cent to Rs 183), Adani power (down 1 per cent)
The company further said that it is a preliminary investigation report only and added that it shall respond to the same and shall also put forth the factual position to the authority.
The CBI alleged that acts of "omission and commission" by the NCCF officers disclose that they acted in "a manner as unbecoming of public servants" and conspired with the company