Adani stocks surge up to 8%; Adani Green, Adani Wilmar among top gainers

Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more

Adani stocks: 3 Adani stocks prove invincible after 1 year of Hindenburg attack

Exactly on this day a year ago, the Indian stock market had woken up to an explosive report from a hitherto unknown entity on Dalal Street. Before investors could finish reading the summary of the 106-page Hindenburg report, Adani stocks started falling like ninepins.In next seven trading sessions, as the issue erupted into a major … Read more

Adani stocks: Adani stocks in focus today as Supreme Court to decide whether Hindenburg was right

NEW DELHI: Embattled billionaire Gautam Adani will face his moment of truth today as the Supreme Court will announce its verdict on the Hindenburg issue in which crores of investor wealth was lost. Last month, a Supreme Court Bench headed by Chief Justice DY Chandrachud had reserved its order on a batch of pleas last … Read more

Adani Ports receives ratings for planned bond issue

India’s largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while … Read more