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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…
Source: Live Mint Mumbai: Indian markets were quick to recover from the shock of the Adani group bribery charges, surging to a nearly six-month high and snapping off a two-week slump on Friday. Investors turned wealthier by ₹7.27 trillion in Friday’s relief rally. The recovery was marked by short covering and buying in large-cap stocks…
Source: Live Mint Ambuja Cements Ltd, an Adani Group company, is seeing results from its increased focus on inorganic growth. The company’s consolidated volume grew by 8.4% year-on-year to 14.2 million tonnes (mt) in the September quarter (Q2FY25). This outpaces the industry’s flat growth and sector leader UltraTech Cement Ltd’s 2.7% rise in domestic grey…
Source: Live Mint HeidelbergCement India share price jumped 18% on Monday after a report that Adani Group is in discussions to acquire the company and Zuari Cement from its German parent firm. HeidelbergCement shares spiked as much as 17.95% to ₹257.85 apiece on the BSE. The volumes traded of Heidelberg Cement India shares also jumped…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 11:19 AM IST Shares of ITD Cementation India hit a new high of Rs 634, as they surged 18 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise weak market. The stock of the civil construction…
