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Adani Power, Adani Green, Adani Ports to Adani Enterprises: Gautam Adani group stocks rise up to 5%. Do you own any?
Adani Total Gas led the gains, surging more than 5%. Adani Green Energy and Adani Energy Solutions advanced over 3% each, while Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Ambuja Cements and ACC gained more than 2% each.
IIFL initiates coverage on Adani Power with target price at Rs 240, estimates EBITDA to quadruple by FY33-35E
IIFL initiated coverage on Adani Power with a 'Buy' rating and Rs 240 target price. The brokerage forecasts EBITDA to quadruple by FY33-35E due to growth pipeline. Adani Power is building significant new coal capacity, expanding its operational base. Free cash flow from operations is expected to rise substantially after portfolio buildout. The company also plans future ventures into nuclear and hydro power generation.
India needs 2,000 GW new power capacity in 20 years, says Adani Green's Sagar Adani
India needs to add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising demand and reduce reliance on imported fuels, according to Adani Green Energy Executive Director Sagar Adani. He emphasized that electrification, supported by renewables, hydro, thermal, and nuclear power, is the clearest path to energy security, affordability, and sustainability for the nation.
India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein
India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.
Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Adani Power, Adani Ports to Adani Total Gas: Adani group stocks tank up to 4%. Details here
Adani Group stocks fell up to 4% in Monday's trading session after the group came under scrutiny from US authorities over alleged bribery related to its renewable energy operations.
Adani companies extend rally to recoup losses sparked by Hindenburg
Adani Group companies have recovered nearly $150 billion in market value lost after the 2023 Hindenburg report. Strong rallies in Adani Power, Adani Total Gas and Adani Enterprises, along with easing regulatory concerns and rising investor confidence, have driven the conglomerate’s remarkable market comeback.
Coal India OFS subscribed 3.7 times; Adani Power overtakes Infosys in mcap
Coal India's Rs 5,080-crore OFS drew strong institutional demand, Pushp Brand filed draft IPO papers with Sebi, and Adani Power overtook Infosys in market value
Top Gainers & Losers on May 27: JP Power Ventures, Adani Total Gas, HFCL, Swiggy, Suzlon Energy among top gainers
On May 27, the Indian stock market showed little movement amidst US-Iran conflict uncertainty. The Nifty 50 closed down 0.03%, and the Sensex fell 0.19%. Sector performance varied, with Nifty Media rising 3% and Nifty Private Bank among the top decliners.
5 Adani stocks log 52-week highs; Adani Power overtakes Infosys market cap
Adani Energy Solutions, Adani Total Gas and Adani Green Energy were up in the range of 4-7% on the BSE in Wednesday's intra-day trade.
Market Trading Guide: Buy Adani Power, Netweb and 2 more stocks on Wednesday for gains up to 25%
Analysts recommend buying Adani Power, Astra Microwave, Netweb Technologies, and Bharat Coking Coal for potential near-term gains. Despite recent market weakness, these stocks exhibit robust technical setups, strong accumulation, and bullish momentum supported by fundamental growth trends.
Top Gainers & Losers on May 25: HFCL, Adani Power, Eicher Motors, OLA, Tata Motors, HPCL among top gainers
Indian markets ended May 25 with strong gains, as Nifty 50 rose 1.4% and BSE Sensex climbed 1.42%, driven by falling oil prices and optimism for a US-Iran peace deal. Broader indices also showed positive trends amidst improved risk sentiment.