Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiary

Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiary

Adani Energy Solutions (AESL) shares are in focus today after the company announced that its material subsidiary, Adani Electricity Mumbai (AEML), has executed a business transfer agreement (BTA) with its wholly-owned subsidiary, North Maharashtra Power Ltd. (NMPL). The agreement, signed on September 26, 2024, facilitates the transfer of the Adani Dahanu Thermal Power Station (ADTPS) … Read more

Adani Energy shares jump 10%, hit 52-week high on strong response to QIP

Adani Energy shares jump 10%, hit 52-week high on strong response to QIP

Shares of Adani Energy Solutions surged nearly 10% on Thursday after the $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of over Rs 50,000 crore according to an ET report. The stock also hit a fresh 52-week high of Rs 1,250 on the NSE amid significant volume, when 1.27 crore shares … Read more