Markets traded on a downward trend on Friday to end lower, pressured by mixed global cues and caution over the Union budget. With all eyes on the Union Budget, analysts expect increased volatility during the special trading session on Sunday and suggest a hedged approach be preferred.In today’s trading, shares of Meesho, Bajaj Auto, Adani […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Adani Green on Friday reported a net loss of Rs 41 crore in the December quarter, compared to a profit of Rs 492 crore in the year-ago period and Rs 583 crore in the September quarter.The loss/profit is attributable to the shareholders of the company. Total income during the period under review rose 8% year-on-year […]
Shares of Adani Green Energy Ltd (AGEL) rose 1.5% to the day’s high of Rs 1,055.50 on Monday, December 15, following the conclusion of insider trading proceedings by the Securities and Exchange Board of India (SEBI) against persons associated with the Adani Group. The case was related to the 2021 acquisition of SoftBank-backed SB Energy.SEBI […]
Capital markets regulator Sebi has stayed insider trading proceedings against Adani Group affiliate Pranav Vinod Adani, Kunal Dhanpalbhai Shah and Nrupal Dhanpalbhai Shah in a case related to Adani Green Energy’s 2021 acquisition of SoftBank-backed SB Energy. The transactions under scrutiny were executed after the information had already entered the public domain.Sebi removed the show […]
Markets remained volatile and closed lower on Wednesday, continuing the cautious sentiment. Analysts say the recent decline, after Friday’s RBI-driven rally, has weakened short-term sentiment and now see 25,650 as the next critical support.“A decisive break below this level could further widen the consolidation margin, with the next major support at the 25,400 level. On […]
Adani Green Energy on Wednesday witnessed a block deal worth Rs 2,778 crore, which was executed at Rs 970 per share. TotalEnergies Renewables sold around 2.86 crore shares, and the entire block was absorbed by a diverse group of institutional investors, mutual funds, family offices and high net worth buyers.The top buyers included Quant Mutual […]
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. […]
The markets witnessed a volatile session on the weekly expiration day and fell almost half a percent, extending the ongoing consolidation phase. Analysts say the recent market action reflects a cautiously optimistic undertone, supported by solid domestic macro indicators.“Going forward, we expect further consolidation to continue, which would be healthy as long as the Nifty […]
Adani Green more than doubled its profit in the second quarter to Rs 583 crore. Operating profit rose 111% from Rs 276 crore in the last quarter. However, total income during the quarter fell 4% year-on-year to Rs 3,249 crore. Revenue from power supply, which contributes significantly to total income, up 20% on an annual […]