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Source: Live Mint Adani Wilmar Ltd (AWL) is doubling down on branded foods with its ₹600 crore acquisition of G.D. Foods Manufacturing (India) Pvt. Ltd, the maker of Tops sauces and pickles. The move marks a decisive shift beyond its core edible oil business into the high-margin, fast-moving consumer goods (FMCG) category. But will Tops…
Source: Live Mint Following the Bhartiya Janata Party’s (BJP) impressive win in the 2025 Delhi Assembly Elections, the Indian stock market is expected to respond positively when trading resumes on Monday. Market experts suggest that after the 2024 Lok Sabha Elections, some doubts had surfaced regarding ‘Brand Modi,’ but these concerns are likely to be…
Source: Live Mint Adani Group companies Adani Enterprises, Adani Ports, Adani Power announced their financial results for the quarter ending on December 31, 2024. Adani Group flagship Adani Enterprises reported a consolidated net profit of ₹228.64 crore, marking a sharp 88 per cent year-on-year drop from ₹1,972.75 crore in the same quarter of the previous…
Source: Live Mint Adani Group stock Ambuja Cement announced its December quarter results on Wednesday, January 29, 2025. The cement company posted a net profit of ₹1,758.03 crore, soaring multifold, over 242 percent as against ₹513.68 crore in the same period last year. Sequentially as well, the profit surged 251 percent from ₹500.66 crore in…
Source: Live Mint FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale (OFS). Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5…
Source: Live Mint Stock to watch tomorrow: Shares of Adani Power will be in focus in trade tomorrow (January 8) as rating agency CARE Ratings assigned ‘CARE AA; Stable’ credit rating to the proposed non-convertible debentures of the Adani group company. The power generation and distribution firm’s NCDs amount to ₹5,000 crore, according to the…
Source: Live Mint Stock to buy for long-term: Adani Enterprises (AEL), a diversified conglomerate, has faced a challenging year in 2024, with its stock down by 11 per cent year-to-date (YTD). However, brokerage firm Ventura Securities believes the company is poised for a strong recovery and could deliver a potential upside of around 50 per…
Source: Live Mint Foreign portfolio investors (FPIs) have been on a selling spree over the last one and a half months, withdrawing funds from Indian equities at an unprecedented pace and reversing their earlier purchasing streak. This sudden shift in FPI behaviour has weighed heavily on market sentiment. So far in November, FPIs have offloaded…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Adani Group: The Adani Group continues to face scrutiny as its Founder and Chairman, Gautam Adani, along with his nephew Sagar Adani, has been summoned to clarify their position on allegations made by the U.S. Securities and Exchange…
Source: Live Mint India’s capital markets regulator is looking into whether the Adani group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter. The Securities and Exchange Board of India has asked officials at the stock exchanges if Adani Green Energy Ltd failed to properly disclose the US…
