Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent
Adani Power Maharashtra Ltd has shot off a letter to Maharashtra State Electricity Distribution Co. Ltd for payment of Rs 10,135 crore
Adani Power on Thursday posted Rs 218.49 crore consolidated net profit for December quarter 2021-22. The company incurred a loss of Rs 288.74 crore in the year-ago period, a BSE filing stated. Total income stood at Rs 5,593.58 crore in the quarter. It was Rs 7,099.20 crore in the same period a year ago. Total expense was at Rs 5,389.24 crore in the quarter under review. In the year-ago period, it was Rs 7,304.95 crore. The company said capacity utilization was impacted in the quarter due to shortage of domestic coal and high prices of imported coal. The Tiroda plant was the only plant to report an increase in capacity utilization, whereas the Udupi plant was shut down for the entire quarter due to "backdown" by Karnataka power distribution companies on account of high import coal prices. As a result of the above, during the quarter, Adani Power achieved a consolidated average Plant Load Factor (PLF) of 40.9 per cent and sales volume of 10.5 billion units as compared to a PLF of 7
Adani Power said that it has got NCLT's approval to acquire Essar Power's 1,200 MW thermal power project in Mahan, Madhya Pradesh.
Its consolidated net profit had stood at Rs 2,228.05 crore in the quarter ended September 30, 2020
Stocks from the banking, real estate and auto sectors will be in focus amid the RBI policy outcome later today
Receives LoI for acquiring Essar Power MP from Resolution Professional
Firm quoted 9.5% premium on reserve price of Gondkhari coal mine in Maharashtra
Adani Green Energy (Rs 1,115.85), Adani Transmission (Rs 1,297.65), Adani Total Gas (Rs 1,321) and Adani Power (Rs 120.60) were locked in 5 per cent upper circuit on the BSE
The country's largest power producer in the private sector, Adani Power Limited (APL), will acquire the 1,200 megawatt (MW) Essar Power's Mahan Project
Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day
NSDL has already clarified that the accounts of three foreign funds - holding nearly Rs 43,000 crore worth of Adani group shares - are 'active' and not frozen
Shares of Adani Green Energy, Adani Ports and Adani Enterprises rose up to 5 per cent each in intra-day today but soon pared gains to trade flat-to-negative
Group's listed stocks' P/E of 102x over three times Sensex's 33x
Shares of all six companies - Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission - hit their respective lower circuits in intra-day trade today
Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021
Tata Power Company, CESC, Bharat Heavy Electricals (BHEL) and NTPC were quoting at their respective 52-week high levels
On Tuesday, the S&P BSE Power index hit a 10-year high of 3,008, a level last seen in January 2011, in intra-day trade. Adani Power, meanwhile, hit a record high of Rs 151
UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform
Last week, the Supreme Court had dismissed a review petition filed by power distribution companies (discoms) of Rajasthan on the compensatory tariff issue with Adani Power Rajasthan