Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has sold nearly 2% stake in Adani Ports and Special Economic Zone (APSEZ) between November 2022 and December 2025, bringing its stake down to 7.34%, according to APSEZ’s filing with the stock exchanges on Friday.LIC had earlier held 9.35% stake in the APSEZ, which […]
Adani Group said it reported a strong first half for FY26, driven by record investments, higher operating profits and continued improvement in credit quality across its core infrastructure businesses.The portfolio added Rs 67,870 crore in gross assets during the first six months of the year, taking its total asset base to Rs 6.77 lakh crore. […]
Mumbai: GQG Partners has increased its stake in five Adani Group companies – Adani Energy Solutions, Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, and Adani Power – in recent block deals on Tuesday. The Rajiv Jain-backed fund bought shares worth ₹551 crore in Adani Energy Solutions and acquired 53.94 lakh shares […]
Rajiv Jain-backed GQG Partners on Tuesday increased its stake in five Adani Group companies through multiple block deals. The stocks in which he has added his stake are Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment firm has spent a total of Rs […]
Fitch Ratings has upgraded its rating outlook on Adani Ports and Special Economic Zone (APSEZ) and Adani Energy Solutions (AESL) from ‘negative’ to ‘stable’ as it believes contagion risks for these Adani group companies have diminished.The rating agency also maintained ‘BBB-‘ rating for the two companies and for Adani Electricity Mumbai (AEML). Fitch said the […]
Shares of Adani Energy Solutions will be in focus on Tuesday, October 28, after the company reported a 21% year-on-year decline in consolidated net profit for the quarter ended September 2025 (Q2FY26). Net profit stood at Rs 534 crore, compared to Rs 675 crore in the same quarter last year. Despite the decline in profits, […]
In a week in which markets saw incremental profit instead of a runaway rally, 64% shares (319) in BSE 500 managed to end up positively a week on a week. This resulted in 8 shares with double digits of up to 15%, resulting in an increase of 1.6% for the index. While more than 30 […]
IHC established in Abu Dhabi on Wednesday has given up an interest of 1.83 percent in Adani Energy Solutions for RS 1,737 Crore through open market transactions. Investment management company IHC through its affiliated and Vestcom Holding RSC LTD has discharged almost 2.2 shares of CRORE shares, which represents an interest of 1.83 percent in […]