Mumbai : India could see inflows of up to $3 billion by the end of August due to the scheduled inclusion of select stocks by index provider MSCI in its benchmarks. In addition to the inclusion of seven stocks into the Global Standard index, MSCI will also increase the weight of HDFC Bank in the … Read more
MUMBAI: Global index provider MSCI late on Monday removed restrictions on Adani group stocks that were imposed after US short-seller Hindenburg Research published its first report against the conglomerate in Jan 2023. The MSCI decision came despite Hindenburg’s second report that alleged that the Sebi chairperson had investments in the same offshore funds which were … Read more
Adani Group stocks latest news: Following allegations against Sebi chief Madhabi Buch in the Adani vs Hindenburg controversy, shares of Adani Group companies experienced a decline of up to 7% on Monday morning, as many investors opted for a cautious approach. Consequently, investors suffered a loss of approximately Rs 53,000 crore, with the combined market … Read more
Last March when ports-to-cement billionaire Gautam Adani had his back against the wall following a short seller takedown on his conglomerate, Florida based GQG Partners took a $1.87 bet across three group companies. The investment decision to back the battered Adani Group stocks following Hindenburg Research’s scathing indictment was cutting against the grain — the … Read more
Mumbai: A year after the American short-seller Hindenburg’s claims shook Gautam Adani’s business empire, the ripples of an investigation by the US authorities into a bribery allegation have touched the influential business group. Stocks and bonds of Adani companies fell on Monday amid news reports that US prosecutors have widened their probe to investigate whether … Read more
Amid reports that US prosecutors have widened their probe of Adani Group, the conglomerate’s several dollar bonds fell the most in more than half a year while share prices also fell up to 8%. A note from unit Adani Ports & Special Economic Zone Ltd. due in 2041 slid 2.4 cents, the most since August, … Read more
Home Business Adani Group To Invest Over Rs 1.2 lakh Crore In FY 2024-25; Adani Stocks To Be In Focus Today According to the report, a large portion of current announced total investments is earmarked for expansion and development of its fast-growing airports business and ports business. Adani group Adani stocks will be in focus … Read more
Mumbai: Indian equities rebounded Thursday from a bout of panic selling in an evident relief rally as investors judged the pace of the recent market decline rather excessive. Mid- and small-cap stocks, which witnessed their biggest single-day losses in two years Wednesday, led what analysts believe is a temporary revival, with uncomfortably short odds on … Read more
Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more
Adani Group stocks plunged up to 13% on Wednesday, erasing nearly Rs 90,000 crore from the combined market capitalisation of the 10 listed stocks. The top loser in the day’s trade was Adani Green Energy, which lost 13% to hit the day’s low of Rs 1,650 on the NSE. It was followed by Adani Total … Read more