Adani institution corporations have cumulatively sold stocks really well worth Rs 15,446 crore in secondary fairness transaction to US PE corporation GQG Partners in block trades. The block change transactions passed off in 4 of the company`s subsidiaries consisting of Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and […]
Adani Group’s market cap now at ₹7 lakh crore; 9 group stocks in the red
The selloff in billionaire Gautam Adani-led conglomerate`s stocks deepened on Monday because the institution’s overall marketplace capitalisation or m-cap is now at ₹7.15 lakh crore, down sixty three in line with cent over ₹19.19 lakh crore as on 24 January amid a broader decline withinside the inventory marketplace. Adani’s empire, which spans from sea ports […]
Adani Total Gas, Adani Transmission, Adani Green shares extend slide
A month has passed since short seller Hindenburg Research on January 24 warned investors of 85 per cent potential downside in Adani group stocks, citing sky-high valuations. As it is turning out, three of group names Adani Total Gas, Adani Transmission and Adani Green Energy are close to breaching that mark. Shares of Adani Total […]