ADANIGREEN
Active threads
Adani Power profits surge 42%
Adani Power saw a significant boost in its Q1 profit, growing by 42% due to increased power demand and higher volumes. However, this performance contrasts with other companies facing challenges, as seen in JSW Energy's declining profits.
US judge dismisses all Adani fraud charges, slams DOJ case
A US judge has dismissed the criminal fraud case against Gautam Adani and his nephew, questioning the Department of Justice's decision to bring the charges. The dismissal has put Adani Group stocks in focus as investors react to the legal victory. The ruling removes a major overhang for the conglomerate, though the DOJ may consider an appeal.
Adani entity buys stake in Adani Green Energy for ₹2,380 cr
Adani Infra (India) Ltd, a promoter group entity of Adani Green Energy Ltd, has bought 1.03 per cent stake in the company for ₹2,380 crore, according to block deal data on the NSE. Adani Infra (India) Ltd purchased 1.7 crore shares, representing a 1.03 per cent stake in Adani Green Energy Ltd (AGEL). The transactions were executed on Monday at an average price of ₹1,400 apiece, taking the aggregate deal size to Rs 2,380 crore.
Intelligence feed
No articles in the last 24 hours.