Stock market today: After strong 413 page fresh rebuttal of Hindenburg Research report by Adani group on Sunday, Adani Enterprises share price today ...
Adani Power fell 5 per cent to Rs 235.65. Adani Wilmar hit 5 per cent lower circuit limit at Rs 491.45. Adani Transmission fell 18 per cent to hit a low of ...
[LIC loses Rs 18,000 crore in just 2 days as Adani group stocks crash. TRENDING The share price, said Singh, has massive senstivity to retail investors. Adani Enterprises is the way to access that value. Singh said his company chose the fund raising mechanism carefully. It also said that they either did not do proper research or did proper research but misled the public. Those businesses are the ones that have value. In an exclusive interview to Siddharth Zarabi, Managing Editor at Business Today Television, Singh said the FPO will proceed as planned. While the Adani Group CFO Jugeshinder Singh said he is confident the Rs 20,000 crore follow on public offer (FPO by Adani Enterprises will sail through and that his group was not looking to make any changes with respect to either price band or offer period, Adani Enterprises in a filing to BSE said in the event of offer price being lower than anchor investor allocation price, the difference will not be funded to anchor investors. Shares of Adani Enterprises, whose Rs 20,000 crore follow-on public offer is underway, recovered in Monday's trade post last week's selloff. Adani Power fell 5 per cent to Rs 235.65. Adani Green fell 19 per cent to Rs 1,202.55.
The February futures contract of Nifty 50 traded on the Singapore Exchange indicates positive start for domestic equities today. The contract was trading at ...
DCB Bank: The lender reported a 51% YoY rise in net profit for the December quarter to Rs 114 crore. Godfrey Phillips: The company's consolidated net profit for the December quarter surged 70.3% YoY to Rs 199 crore. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The board approved Rs 12.5 a share interim dividend. Revenue from operations was flat at Rs 33,691 crore. L&T: The board will meet to consider and approve earnings for the December quarter. Revenue from operations rose 37% on year to Rs 41,410.50 crore. The board has also approved an interim dividend of Rs 4.25 a share for the current financial year. An ET Now poll sees the company reporting a consolidated revenue of Rs 45,882 crore, up 16% on year. Bharat Electronics: The company's consolidated net profit for the December quarter rose just 3% YoY to Rs 613 crore, even as revenue increased 12% to Rs 4,153 crore. [Vedanta](/topic/vedanta): The company's consolidated net profit for the December quarter slumped 41% YoY to Rs 2,464 crore. [stocks](/definition/stocks)will be on the [investors](/topic/investors)โ radar for the following reasons: [NTPC](/topic/ntpc): The company reported a 5.4% YoY rise in standalone net profit for the quarter ended December to Rs 4,476.25 crore.
Most Adani group shares extended their sharp falls to Monday as a detailed rebuttal of a U.S. short-seller's criticisms by the Indian conglomerate failed to ...
The Hindenburg report has led to a massive wipe-out in seven listed companies of the Adani group since last week. [(ADAI.NS)](https://www.reuters.com/companies/ADAI.NS) and Adani Total Gas [(ADAG.NS)](https://www.reuters.com/companies/ADAG.NS) plunged 20% each on Monday, while Adani Green Energy [(ADNA.NS)](https://www.reuters.com/companies/ADNA.NS) was down 18%. As of Monday, the seven listed group entities have collectively lost $66 billion in market capitalisation since the report was released. It already holds a 4.23% stake in the flagship Adani firm, while its other group exposure includes a 9.14% stake in Adani Ports and 5.96% in Adani Total Gas. There are at least six Adani Group companies in the MSCI India Index, with a cumulative weight of 4.31%. "The stocks run the risk of getting excluded from the MSCI. This may not immediately happen, but those funds who have bought it based on the MSCI ... 31, or tweaking the price due to the fall in its share price. Adani [said it complies](/business/indias-adani-group-hindenburg-report-intended-create-false-market-2023-01-29/) with all local laws and had made the necessary regulatory disclosures. Maybank Securities and Abu Dhabi Investment Authority are among investors who bid for the NEW DELHI, Jan 30 (Reuters) - Most Adani group shares extended their sharp falls on Monday as the Indian conglomerate's rebuttal of a U.S. The deal closes on Tuesday.
The Adani Group took another blow on Monday, with the stock rout growing to $66 billion and its dollar bonds sold as the fight with short seller Hindenburg ...
Adani Ports and Special Economic Zone (Rs 658.45) and Ambuja Cements (Rs 419.25), too, were locked in their respective 10 per cent upper circuits.
Separately, Adani Enterprises clarified on Saturday that its Further Public Offer (FPO) will go according to the schedule and at the announced price-band. Talks are at an advanced stage and formal announcements by the company boards will be made in the coming weeks, the newspaper reported. Meanwhile, Adani Power and Adani Wilmar were locked in the 5 per cent lower circuit on the BSE. There is no change in either the schedule or the issue price. In comparison, the S&P BSE Sensex was up 0.50 per cent at 59,626. In its 413-page response the Gautam Adani led group said it was shocked and deeply disturbed to read the report published by the "Madoffs of Manhattan".