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Adani Group market cap rises to a seven-month high – ET Infra

NEW DELHI: The Adani Group, the port to power conglomerate, added a massive Rs 47,050 crore in shareholder’s wealth as investors showed renewed confidence in the group’s stock portfolio. Adani Group’s market capitalisation shot up to INR 11.5 trillion on Monday, a seven-month high. On Friday’s close, the group’s market capitalisation stood at Rs 11.02 […]

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Adani group EBITDA grows 42% YoY in Q1 – ET Infra

Billionaire Gautam Adani‘s conglomerate clocked a 42 per cent year-on-year growth in pre-tax profit, as businesses ranging from airports to power and sea ports registered impressive growth, the group said on Wednesday. All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal year)

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Adani Group companies’ net profit surges 70% – ET Infra

MUMBAI: Adani group companies have seen their combined net profit surge nearly 70% on year in the June quarter, helped by robust performance in the ports, power and green energy businesses. Strong operational performance helped boost the group’s net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the group’s

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View: Indian tycoons Ambani and Adani won’t step on each other’s toes – ET Infra

A beleaguered Indian billionaire is redrawing the contours of his empire in a way that minimizes friction with his bigger rival. That may be a sensible strategy. Gautam Adani can’t afford a costly distraction. While his core infrastructure business is booming, there’s little reprieve from the governance issues that have dogged the Adani Group since

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Adani Group shares jump, adds Rs 50,501 cr in a day – ET Infra

NEW DELHI: Billionaire Gautam Adani‘s ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh

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Adani Enterprises shares jump over 3% on Dharavi project nod – ET Infra

Shares of Adani Enterprises rose over 3% to Rs 2,459 on the NSE in Monday’s trade after the Maharashtra government gave nod for the Dharavi Redevelopment project to one of its group companies. The rub-off impact was seen on other Adani Group stocks as all 10 stocks were trading in the green, gaining up to

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Five Adani Group stocks settle in positive territory – ET Infra

Representative Image NEW DELHI: Five of the ten listed Adani stocks ended in the positive territory on Tuesday after the group said it has repaid loans aggregating USD 2.65 billion to complete a prepayment programme. The stock of Ambuja Cements jumped 4.54 per cent, ACC rallied 2.47 per cent, Adani Power gained 1.37 per cent,

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Adani stocks rise most since January Hindenburg report – ET Infra

MUMBAI: Adani Group shares surged the most Monday since the publication of the Hindenburg Research report late January, and market capitalisation of Adani listed entities crossed ₹10-lakh crore mark, after a Supreme Court-appointed panel said it had not found ‘regulatory failure’ on allegations of price manipulation in the conglomerate’s stocks and violation of minimum public

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