6 Adani Group Stocks Settle Lower, 4 Firms Hit Upper Circuit Limit
At the close, six of the group firms were in the red territory while four were in the green.New Delhi: Shares of six Adani group firms out of ten listed…
Adani Group Pre-Pays Over $900 Million Worth Share-Backed Financing
Adani Ports’ promoters will release 155 million shares, or an 11.8% stake, the group said. (File)Bengaluru: Embattled Indian conglomerate Adani said today it prepaid share-backed financing of 73.74 billion rupees…
Hedge Funds Hunting for Adani Bargains Are Using This Playbook
Dollar bonds are now drawing the attention of special situations and distressed investors.Hedge funds that previously stayed clear of stocks and bonds linked to Gautam Adani’s empire are jumping in…
Shares Of Adani Enterprises Jump Nearly 15 Per Cent
Six of the group companies ended in the positive territory on Tuesday.New Delhi: Shares of Adani group companies ended on a mixed note on Tuesday, with flagship Adani Enterprises rising…
Adani Stock Rout Enters Third Week as Flagship Shelves Bond Sale
Worries about the conglomerate’s access to funding are also rising. (File)The stock rout in Gautam Adani’s indebted conglomerate entered a third week as its flagship firm suffered a fresh fundraising…
4 Adani Group Stocks Rebound, Adani Ports Jumps 8%, Adani Enterprises 1.25%
New Delhi: Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past six days.The stock of Adani…
S&P Global Ratings Revises Outlook On Adani Ports, Electricity To Negative
New Delhi: S&P Global Ratings on Friday revised outlook on Adani Ports and Adani Electricity to negative from stable while affirming the rating.A US short-seller report alleging significant governance issues…
Goldman Sachs, JPMorgan Say Adani Debt Offers Value To Trading Clients
Adani securities have attracted attention from opportunistic investors amid a staggering equity rout.Goldman Sachs Group Inc. and JPMorgan Chase & Co. have told some clients that bonds related to Gautam…
Energy Firm TotalEnergies Says Not Re-Evaluating Investment In Adani Companies
The firm said its investment in Adani entities was undertaken in compliance with the Indian laws. (File)New Delhi: French energy giant TotalEnergies, which had in past years taken stakes in…
Fitch Says No Immediate Impact On Adani Ratings Following Short-Seller Report
Fitch has ratings on eight entities within the Adani group. (File)Ratings agency Fitch said on Friday it saw no immediate impact on its ratings of Adani Group entities and their…