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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.
Adani flagship seeks $1 billion via placement, terms show
Adani Enterprises Ltd. is seeking to raise as much as 100 billion rupees ($1 billion) through a sale of shares to institutional investors as the ports-to-power conglomerate led by billionaire Gautam Adani overcomes legal challenges in the US.
Stocks to Watch today: HCL Tech, HDFC Bank, Turtlemint, Hexaware Tech, IRFC
Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade
'Expensive' valuations may not necessarily lead to underperformance, Jefferies explains
Jefferies has highlighted JSW Energy, Adani Energy Solutions, Premier Energies and Siemens Energy as their top picks within the power theme.
JSW Energy, Adani Energy In Focus: Jefferies Sees Opportunity In Power Stocks Despite Rich Valuations
On the supply side, Jefferies pointed to ongoing capacity expansion plans among private-sector companies.
Macquarie sees power upcycle; prefers NTPC, JSW Energy amid demand boom
he brokerage has picked NTPC as its top bet in the sector, followed by JSW Energy and Power Grid, while Adani Green, Adani Power, and Adani Energy Solutions are placed lower in its pecking order
Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 others
As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as its top sector pick, with a revised target price of Rs 480.
Adani Energy, JSW Energy to Adani Power: Energy stocks rise after Macquarie’s bullish calls
Macquarie’s preferred picks in the energy sector include NTPC, JSW Energy, Power Grid Corporation of India, Adani Green Energy, Adani Power, and Adani Energy Solutions.
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.
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.