adani energy solutions

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

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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 Solutions shares could deliver multibagger returns from current levels

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Adani Energy Solutions shares could deliver multibagger returns from current levels

Adani Energy Solutions has had a muted run at the bourses so far this year. Still, the stock is all set to deliver multibagger returns from the current levels, according to analysts. Brokerage house Cantor has initiated coverage on the company with an ‘Overweight’ rating and price target of Rs 2,251, implying an 129% upside … Read more

Adani Group: Adani Group can double local debt exposure: CFO

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Adani Group: Adani Group can double local debt exposure: CFO

Mumbai: The Adani Group can double its debt exposure to the domestic capital markets to 10% of the conglomerate’s total loans so long as the instruments used to raise funds mature within five years, said the group’s chief financial officer, Jugeshinder Singh. Indian capital markets currently account for about 5% of Adani Group’s total outstanding … Read more

MSCI Indices: Inclusion of 7 stocks in MSCI indices could draw $3 billion

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MSCI Indices: Inclusion of 7 stocks in MSCI indices could draw billion

Mumbai : India could see inflows of up to $3 billion by the end of August due to the scheduled inclusion of select stocks by index provider MSCI in its benchmarks. In addition to the inclusion of seven stocks into the Global Standard index, MSCI will also increase the weight of HDFC Bank in the … Read more

Adani stocks: Fresh Hindenburg allegations trip Adani stocks, some fall up to 7%

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Adani stocks: Fresh Hindenburg allegations trip Adani stocks, some fall up to 7%

Mumbai: Shares of Adani Group companies fell by up to 7% Monday as the sentiment soured following fresh allegations by the US-based short-seller Hindenburg that Sebi chief Madhabi Puri Buch and her husband, Dhaval Buch, held stakes in Bermuda and Mauritius-based offshore funds used by Gautam Adani’s brother, Vinod Adani, to “amass and trade large … Read more

Adani Energy raises $1 billion; gets bids from US investors, sovereign wealth funds

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Adani Energy raises billion; gets bids from US investors, sovereign wealth funds

India’s Adani Energy Solutions raised $1 billion through a share sale, which got bids from U.S. investors and sovereign wealth funds, the power distribution company said on Monday. The qualified institutional placement (QIP) was the Adani Group’s first fundraising from equity markets after a $2.5 billion share sale was scrapped in February last year. The … Read more

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

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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

maruti shares: Stocks in news: Maruti, M&M, Tata Consumer, Adani Energy, Vedanta

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maruti shares: Stocks in news: Maruti, M&M, Tata Consumer, Adani Energy, Vedanta

Benchmark equity indices Sensex and Nifty eked out gains in volatile trade to settle at record high levels on Tuesday, extending their gaining streak to the third day. In today’s trade, shares of Maruti, M&M, Tata Consumer, Adani Energy, Vedanta will be in focus due to various news developments and first quarter results. Maruti, M&M, … Read more

Adani Energy rolls out $1-bn QIP; base deal of up to $700 mn

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Adani Energy rolls out -bn QIP; base deal of up to 0 mn

Adani Energy Solutions launched a qualified institutional placement (QIP) on Tuesday to raise $1 billion (₹8,373 crore), showed a term sheet issued by the bankers. The issue comprises a base deal of up to ₹5,861 crore ($700 million) and a greenshoe option to upsize by up to an additional ₹2,512 crore ($300 million). The company … Read more

Adani to return to equity market with transmission business share sale, sources say

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Adani to return to equity market with transmission business share sale, sources say

Adani Energy Solutions, led by billionaire Gautam Adani, is likely to launch a share sale this week to raise more than $600 million, two sources with direct knowledge of the matter told Reuters on Monday. The sale of existing shares will be Adani Group’s first fundraise from equity markets after a $2.5 billion share sale … Read more