MUMBAI: The Adani group’s statement on the case brought by the US Department of Justice against its chairman and some executives helped revive investor interest in group companies’ stocks on Wednesday, with their prices rallying as much as 20%. As a result, the group’s total market capitalisation jumped by about Rs 1.2 lakh crore, BSE…
Adani Group has rejected accusations as “baseless”, whilst Indian government officials have remained silent on the matter. Adani Group stocks latest news: Adani Group stocks experienced continued market pressure as its shares declined for the second straight session on Friday. Adani Enterprises shares dropped 7% during early trading on Friday, touching a yearly low of…
Adani Enterprises on Tuesday reported more than a seven times hike in its second-quarter profit due to the higher demand in its renewable energy sector even after the mainstream coal and mining sector facing a slowdown. Its revenue soared to 15.7 percent reaching Rs 226.08 billion.The company’s mainstay coal trading segment, on the other hand,…
