Adani Group promoters have released a significant portion of their pledged shares across three of its listed companies—Adani Energy Solutions Ltd, Adani Green Energy Ltd, and Adani Ports & SEZ Ltd—during the September quarter.Meanwhile, an increase in promoter pledging was observed in two other group entities, Adani Enterprises and Adani Power.In the second quarter, Adani Ports & SEZ saw the m...

Adani Power shares rise 4% on CCI's nod to acquire Lanco Amarkantak PowerAdani Power proposes to acquire 100 percent share capital and control of insolvent Lanco Amarkantak Power, a thermal power generatorShares of Adani Power Limited traded more than 4 percent higher in the early trade on March 27 after the fair trade regulator Competition Commission of India (CCI) approved the company's proposed...

Adani Power shares slip on fresh litigation over coal transport cost, Adani Power stock has surged about 220 percent from its 52-week lows at Rs 166.25 hit in March 2023. Year-to-date, the stock has risen nearly 1 percent, underperforming benchmark Nifty 50 marginally.Shares of Adani Power edged lower on March 26 after the company announced the disclosure of a new litigation matter. The Maharashtr...

Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group’s two companies — Adani Wilmar and Adani Power — all set to make their way into some of the Nifty indices from March 31, 2023.Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty Larg...

Adani Power’s consolidated net profit falls 96% to Rs 8.7 crore for the quarter ended 31 December 2022, down from Rs 218.5 crore reported in the same quarter last fiscal. However, consolidated revenue jumped 44.8% on-year to Rs 7,764.4 crore for the quarter. In the corresponding quarter in 2021, the company reported revenue at Rs 5,360.9 crore. EBITDA for the December quarter fell 17% to Rs 1,46...