Page 3 - Adani Transmission

S&P raises Adani Electricity Mumbai's outlook from 'Negative' to 'Stable'

IHC investment in parent Adani Transmission Ltd to improve leverage and credit quality

Three Adani group firms get $2 bn investment from Abu Dhabi's IHC

AGEL, ATL and AEL are market leaders in their sectors and form the Adani Group's green energy portfolio. The Capital will be used for expanding business.

Adani Transmission net profit dips 40% to Rs 277 cr in Dec quarter

Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter. The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according to a BSE filing. Its total income during October-December 2021 rose to Rs 3,085.20 crore, from Rs 2,734.04 crore in the year-ago period. "In Q3 (third quarter), the consolidated PAT (profit after tax) decline of Rs 187 crore, (-)40.3 per cent y-o-y decline. "Q3FY22 PAT (October-December 2021) not comparable y-o-y on account of Rs 62 crore reversal of earlier interim power purchase bill, one-time deferred tax assets creation of Rs 129 crore and forex MTM gain of Rs 40 cr in Q3FY21 (October-December 2020) in (electricity) distribution business," the company said in a statement. Anil Sardana, MD and CEO of Adani Transmission, in the statement said, "Adani Transmission is constantly evolving and becoming a significant player in T&D

Stocks to Watch: HP Adhesives, RBL Bank, Adani Trans, HUL, Lupin, CBI

HP Adhesives is likely to debut with a 20-25 per cent listing gain, as per indications from the GMP

Adani Transmission wins 2 renewable energy projects worth Rs 1,400 cr

The Karur Transmission Project in Tamil Nadu is worth Rs 200 crore; the one in Gujarat is for Rs 1,200 crore.

Adani Transmission completes 897 circuit km power transmission line in UP

The transmission line, set up by ATL subsidiary Ghatampur Transmission Ltd (GTL) will connect Ghatampur thermal power station in Kanpur district to Hapur substation in western Uttar Pradesh

Adani Group shares in focus; Adani Total Gas, Transmission hit new highs

Adani Transmission rallied 5% to Rs 1,995, while, Adani Total Gas was up 4 per cent to Rs 1,715 on the BSE in the intra-day trade on Friday

Adani Transmission net up 35% to Rs 289 crore in September quarter

Total income stood at Rs 2,675.20 crore in the quarter as against Rs 2,306.45 crore in the year-ago period

Boost to green corridors: Rs 41,369-cr transmission projects on offer soon

With these, RE connectivity and private participation will get a fillip

Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system

Adani Transmission Ltd (ATL) on Wednesday said it would invest Rs 1,200 crore in eastern Madhya Pradesh to strengthen the power transmission system for MP Power Management Company Ltd (MPPMCL).

Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM

Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent

Adani Transmission, Max Financials, Laurus Labs to gain from FTSE rejig

The three stocks are part of several other domestic companies likely to get added to FTSE indices. Adani Transmission is likely to see the largest inflows at $121 million

Adani Transmission m-cap crosses Rs 2 trillion; zooms 104% since Aug

The company is the second Adani Group firm to achieve the feat after Adani Green Energy

Adani Transmission, Adani Total Gas up 5% for fourth straight trading day

Thus far in the month of August, Adani Transmission has rallied 37 per cent, while Adani Total Gas has surged 32 per cent on the BSE, against 6 per cent rise in the S&P BSE Sensex

Adani Transmission reports 22% rise in first quarter net profit

Net profit for the April-June quarter was at Rs 433.34 crore.

Adani Transmission net up nearly 22% at Rs 433 cr in April-June quarter

The rise of profit was mainly on the back of higher revenues

Adani Transmission gets shareholders' approval to raise up to Rs 2,500 cr

Adani Transmission has got shareholders' nod to raise up to Rs 2,500 crore in one or more tranches through issuance of equity shares, securities according to a regulatory filing by the company

Adani Transmission seeks shareholders' approval to raise Rs 2,500 cr

Adani Transmission will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc

Shares of four Adani Group companies locked in 5% upper circuit

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

Adani Power, Transmission, Total Gas slip 5% for third 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