Adani Enterprises

2023 - 3 - 15

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Image courtesy of "The Indian Express"

Key Adani investor Elara co-owner with Adani in defence firm (The Indian Express)

Elara isn't just another investor. Records investigated by The Indian Express show that along with the Adani Group, it is a promoter entity in a defence ...

Adani Defence had invested in ADTL in 2018 based on Company’s management and the capabilities of the Company. The ADTPL Annual Report for 2020-21 says so in as many words: “The Company is a subsidiary company of Vasaka Promoters & Developers Pvt Ltd by virtue of shareholding. The Company is a renowned supplier of ADTPL is also the first Indian offset partner for Israel Aerospace Industries (IAI) for production of Air Defence Fire Control Radars, 66 of which have been delivered to the Army. The ownership details of Vasaka Promoters and Developers, as per RoC records, reveal that Elara IOF bought 44.3 per cent in Vasaka for Rs 40 crore, and became the single largest shareholder on November 5, 2018. For the year ended March 31, 2021, ADTPL registered a net profit of Rs 9.7 crore on a turnover of Rs 450 crore. Thus, Adani and Elara together own 51.65 per cent, i.e., a majority stake in ADTPL. At present, over 96 per cent of Elara’s investments in India are through Elara IOF in Adani Group companies. Elara’s holding in Adani Group companies has been declining in the last three years due to profit booking as share prices jumped. ELARA India Opportunities Fund (Elara IOF), a venture capital fund managed by Elara Capital, is one of the top four entities registered in Mauritius that hold shares predominantly in Adani Group companies. These show, through pyramid structuring, how Elara and Adani together own a majority of 51.65 per cent in Bengaluru-based ADTPL. The largest promoter is Vasaka Promoters & Developers,” the Adani Group said in the statement.

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Image courtesy of "नवभारत टाइम्स"

अडानी के इस शेयर में ₹1 लाख लगाने वालों को मिले पूरे ₹3 करोड़, क्या ... (नवभारत टाइम्स)

Gautam Adani: शेयर बाजार में अगर तगड़ा मुनाफा कमाना हो तो सही स्टॉक में निवेश करना जरूरी है।

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Adani Enterprises, Titan Company, Persistent Systems: How should ... (Business Today)

Adani Enterprises had witnessed a massive decline in the primary trend in January with huge volumes while in February, it had formed a double bottom ...

Support: Rs 4,400 Resistance: Rs 4,800 Support: Rs 2,300-2,250 On the upside, the levels of Rs 2,050 operate as susceptible levels; above these, we can anticipate a protracted move towards Rs 2,400 in the shorter to longer term. Support: Rs 1,400 Resistance: Rs 2,050-2,400

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Adani Enterprises loses over 7%; 4 group stocks hit lower price band (The Indian Express)

AEL crashed 8.05 per cent, to Rs 1722.85 on BSE in intraday session. The stock closed 7.25 per cent lower.

Adani Total Gas was also down 5 per cent to trade at Rs 947.80, while NDTV, down 5 per cent, was trading at Rs 211.05. While Adani Power was down 4.99 per cent to trade at Rs 204.75 on BSE, Adani Transmission was trading 5 per cent lower at Rs 901.55. Adani Ports, on the other hand, closed 3.93 per cent down, as the stock was also among the top losers today. After gaining for nearly a week, Adani Enterprises Lt (AEL) ended lower yesterday, as tanked almost 8 per cent in the intraday session today. Adani group’s cement stocks also traded in negative today, as ACC tanked 1.78 per cent to Rs 1738.55 and Ambuja Cement fell 3.94 per cent to close at Rs 353.35 at BSE. Adani Green closed 1.55 per cent lower, while Adani Wilmar fell 4.96 per cent.

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Image courtesy of "Telegraph India"

Adani group stocks end lower, Adani Enterprises tanks over 7 per cent (Telegraph India)

Adani Ports and Special Economic Zone (APSEZ) declined 3.93 per cent to settle at Rs 654.20.

The shares of Adani Enterprises Ltd (AEL) plunged 7.25 per cent to close at Rs 1,737.75 apiece on the BSE. However, amid sluggish broader market trends, the group's stocks have declined in the last few trading sessions. The company also hit its lower price band of Rs 1,686.25 on the BSE. On Monday, shares of six Adani group firms out of ten listed entities ended the day in the negative territory amid a volatile trend in the equity markets. Also, shares of Adani Wilmar plunged 4.96 per cent to settle at Rs 413.80, Ambuja Cements declined 3.94 per cent to close at Rs 353.35, ACC dived 1.78 per cent to end at Rs 1,738.55 and Adani Green Energy fell 1.55 per cent to close at Rs 706.10 on the BSE. Stocks of all the ten listed Adani group firms ended lower on Tuesday, with flagship firm Adani Enterprises tanking over 7 per cent amid a weak trend in the equity markets.

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Image courtesy of "Mintgenie"

Adani Group stocks in the red zone; Adani Enterprises slumps over 8% (Mintgenie)

The Nifty 50 index's major laggard was Adani Enterprises Ltd, which lost 8.34%, followed by Adani Ports & Special Economic Zone Ltd, which lost 4.08% on ...

[Hindenburg Research](https://mintgenie.livemint.com/news/markets/seven-adani-group-stocks-fall-up-to-23-lose-span-class-webrupee-span-3-lakh-crore-in-market-cap-on-hindenburg-s-allegations-151674801451172) that accused the company of financial fraud and stock manipulation. [Adani Wilmar Ltd](https://mintgenie.livemint.com/stocks/adani-wilmar-S0005252) and [Adani Green Energy Ltd](https://mintgenie.livemint.com/stocks/adani-green-energy-S0003149) lost over 2%, whereas [Adani Total Gas Ltd](https://mintgenie.livemint.com/stocks/adani-total-gas-S0003156), [Adani Transmission Ltd](https://mintgenie.livemint.com/stocks/adani-transmission-S0003321), [Adani Power Ltd](https://mintgenie.livemint.com/stocks/adani-power-S0003083) slumped 5% each. [Last week, seven Adani Group companies gained ₹78,395 crore](https://mintgenie.livemint.com/news/markets/adani-group-stocks-gain-market-cap-for-second-consecutive-week-adani-green-biggest-contributor-151678447167237) in market cap, with Adani Green Energy Ltd (gained market cap worth ₹18,868 crores) taking the lead followed by Adani Total Gas Ltd (gained market cap worth ₹18,345 crores). [Adani Enterprises Ltd](https://mintgenie.livemint.com/stocks/adani-enterprises-S0003094), which lost 8.34%, followed by [Adani Ports & Special Economic Zone Ltd](https://mintgenie.livemint.com/stocks/adani-ports-special-economic-zone-S0003086), which lost 4.08% on Tuesday.

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MC A10 Index tanks for fourth day on Group-wide selling; Adani ... (Moneycontrol.com)

The biggest loser was Adani Enterprises, which has the largest weight in the index. The stock plunged nearly 8 percent.

The Mountain View, California-based company also said it had made strides in integrating its AI models, including its large language models, into medical research. For example, the company said it would more prominently surface Medicaid re-enrollment information, because people are required to actively sign up for the service at the end of March, and that it had used its conversational AI tech called Duplex to verify that thousands of healthcare providers in the US accept certain Medicaid plans in their state. Google said it had assimilated health AI efforts in a number of ways in search, its core product.

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Image courtesy of "ET Now"

Adani companies stocks slip in RED – Shares of these 4 companies ... (ET Now)

Adani Stocks Today: While all the Adani group companies were in the negative zone, NDTV, Adani Power, Adani Transmission, Adani Total Gas stocks hit their 5 ...

The other two – Adani Transmission and Adani Total Gas – also hit 5 per cent lower circuit at Rs 902.20 and Rs 947.20, respectively. NDTV shares hit 5 per cent lower circuit of Rs 211.10, Adani Power also declined 5 per cent to Rs 204.35. [NDTV](/topic/ndtv), Adani Power, Adani Transmission, Adani Total Gas stocks hit their 5 per cent lower circuit.

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All Adani stocks decline, shares of Adani Enterprises worst hit at 10% (Inshorts)

shares of all adani group companies declined in afternoon trade on tuesday with adani enterprises stock hitting as low as 10 the decline came after four of ...

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Adani Enterprises, Adani Green shares rise while 3 Group stocks hit ... (Livemint)

Shares of Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone (APSEZ) rose on the BSE in Wednesday's early trading session whereas ...

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Adanis investor Elara also a co-owner with conglomerate in ADTPL ... (Business Standard)

A venture capital (VC) fund managed by Elara Capital, Elara India Opportunities Fund (Elara IOF), is a promoter entity with the Adani Group in ...

Earlier, it has also held stakes in [Adani Ports](/topic/adani-ports) and Adani Green. [Adani Group](/topic/adani-group) [companies](/companies). In the ADTPL annual Report for 2020-21, the company said, "The Company is a subsidiary company of Vasaka Promoters & Developers Pvt Ltd by virtue of shareholding. ADTPL filings show it is owned by Vasaka Promoters and Developers Pvt Ltd. The company is a subsidiary of Adani Defence Systems and Technologies Limited by virtue of control over the composition of the Board of Directors." ADTPL works closely with ISRO and DRDO.

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Image courtesy of "ET Now"

BOUNCING BACK! Adani Enterprises share price rises post big ... (ET Now)

Earlier this month, leading US-based global equity investment boutique GQG Partners invested over Rs 15000 crore in four Adani Group companies through a ...

GQG Partners announced the completion of Rs 15,446 crore in a series of secondary block trade transactions in Adani Ports and SEZ, Adani Green Energy, Adani Transmission and Adani Enterprises. [Goldman Sachs](/topic/goldman-sachs)also bought 8.2 million shares of [Adani Transmission at Rs](/topic/adani-transmission-at-rs)668.4 per share while [SB Adani Family Trust](/topic/sb-adani-family-trust)sold 8.86 crore shares in Adani Port at Rs 596.2 per share and GS Trust II - GS GQG Partners Intl Opportunities Fund bought 3.87 crore shares in Adani Port at Rs 596.2 per share. Earlier this month, leading US-based global equity investment boutique GQG Partners invested over Rs 15,000 crore in four Adani Group companies through a block deal.

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Image courtesy of "The Indian Express"

Adani Enterprises rallies over 6.5%; 4 group stocks hit upper limit (The Indian Express)

Adani Transmission, which was locked in lower circuit limit at open, reversed its gains by noon, and was trading 5 per cent higher, at Rs 946.60 on BSE.

Adani Green was up 5 per cent on BSE, trading at Rs 741.40. The opposition parties are demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue. Adani Ports jumped 4.48 per cent, to trade at Rs 683.50, while, Adani Total Gas was up 3.92 per cent, to trade at Rs 985. The group stocks rallied despite key indices erased their morning gains by noon and were almost trading flat. The television was up 4.19 per cent on BSE, to trade at Rs 219.90. Meanwhile, Adani Power and Adani Wilmar gained 4.99 per cent, to trade at Rs 214.95 and Rs 434.45, respectively.

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Adani Enterprises, Adani Green Energy & APSEZ shares rise while ... (NewsroomPost)

Adani Enterprises, Adani Green Energy, and Adani Ports and Special Economic Zone (APSEZ) showed about a 4-6 percent rise in share prices on March 15.

[Video Gallery6 days ago](https://newsroompost.com/video-gallery/special-teak-wood-for-construction-of-ram-temple-in-ayodhya-will-be-sent-from-maharashtras-chandrapur/5236678.html) The opposition leaders also marched to the ED office today demanding an investigation into the case. Recently, the conglomerate said it has repaid loans aggregating $2.65 billion (Rs 21944.12 crore) to complete a prepayment program and this could be a step to win back investor trust. Adani Power’s shares also fell by 2.23 percent at NSE and 1.27 percent at BSE. Adani Wilmar showed a 1.93 percent rise on March 15. New Delhi: After a series of downfalls in the stock market, Adani Group has now started to gain some share price in the listed companies.

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Image courtesy of "Telegraph India"

Eight Adani group stocks settle with gains, Adani Enterprises rallies ... (Telegraph India)

The flagship firm paused its downward trend in the last four trading sessions amid volatility in equity markets.

The shares of these companies also hit their respective lower price bands on the BSE. The scrip of these companies hit their upper price bands on the BSE. However, amid sluggish broader market trends, the group's stocks have declined in the last few trading sessions. During the day, the scrip hit an intra-day high of Rs 1,891.10 or 8.83 per cent. In addition, shares of Adani Green Energy climbed 4.94 per cent to close at Rs 740.95, Adani Wilmar rose 3.12 per cent to settle at Rs 426.70, and NDTV went up 0.85 per cent to close at Rs 212.85. Shares of Adani Enterprises Ltd (AEL) advanced 5.81 per cent to settle at Rs 1,838.80 apiece on the BSE.

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Adani Enterprises halts 4-day losing run; group's three other stocks ... (Business Today)

Adani Enterprises share price: The counter's 14-day relative strength index (RSI) came at 47.21. A level below 30 is defined as oversold while a value above ...

TRENDING MOST READ Turnover on the counter stood at Rs 95.16 crore, commanding a market capitalisation (m-cap) of Rs 2,11,555.71 crore. The counter's 14-day relative strength index (RSI) came at 47.21. Support will be at Rs 1,650." Adani Group, however, denied the claims. Also, Adani Power moved 10.49 per cent up to hit its upper price band of Rs 214.95 from a day low of Rs 214.95. The stock was last seen trading higher than the 20-day moving averages but lower than the 5-day, 50-day, 100-day and 200-day moving averages. Hindenburg's report alleged stock manipulation and improper use of tax havens, and flagged debt concerns. In addition, shares of three other Adani Group companies -- Adani Total Gas, Adani Transmission and Adani Power -- recovered sharply after hitting their respective lower price bands. And, Adani Transmission jumped 10.52 per cent to hit a day high of Rs 946.60 from today's lower price band of Rs 856.50. Shares of Adani Enterprises rose sharply in Wednesday's trade, pausing their downward trend of four consecutive sessions amid volatile bouts.

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Image courtesy of "THE WEEK"

Eight Adani Group stocks settle with gains; Adani Enterprises rallies ... (THE WEEK)

Shares of eight listed Adani group firms settled with gains on Wednesday, with flagship company Adani Enterprises snapping four-day losing run by rallying ...

The shares of these companies also hit their respective lower price bands on the BSE. The scrip of these companies hit their upper price bands on the BSE. However, amid sluggish broader market trends, the group's stocks have declined in the last few trading sessions. During the day, the scrip hit an intra-day high of Rs 1,891.10 or 8.83 per cent. In addition, shares of Adani Green Energy climbed 4.94 per cent to close at Rs 740.95, Adani Wilmar rose 3.12 per cent to settle at Rs 426.70, and NDTV went up 0.85 per cent to close at Rs 212.85. Shares of Adani Enterprises Ltd (AEL) advanced 5.81 per cent to settle at Rs 1,838.80 apiece on the BSE.

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Image courtesy of "NDTV Profit"

Eight Adani Group Stocks Settle With Gains; Adani Enterprises ... (NDTV Profit)

Shares of eight listed Adani group firms settled with gains on Wednesday, with flagship company Adani Enterprises snapping four-day losing run by rallying ...

The shares of these companies also hit their respective lower price bands on the BSE. The scrip of these companies hit their upper price bands on the BSE. However, amid sluggish broader market trends, the group's stocks have declined in the last few trading sessions. During the day, the scrip hit an intra-day high of ₹ 1,891.10 or 8.83 per cent. In addition, shares of Adani Green Energy climbed 4.94 per cent to close at ₹ 740.95, Adani Wilmar rose 3.12 per cent to settle at ₹ 426.70, and NDTV went up 0.85 per cent to close at ₹ 212.85. Shares of Adani Enterprises Ltd (AEL) advanced 5.81 per cent to settle at ₹ 1,838.80 apiece on the BSE.

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Image courtesy of "Business Today"

Adani Enterprises, Adani Green, Adani Ports, Adani Wilmar, Adani ... (Business Today)

Shares of flagship firm Adani Enterprises gained after four days of consecutive fall in the previous session. The stock touched an intraday high of Rs ...

Adani Power stock touched an intraday high of Rs 214.95 rising 4.98% and also touched an intraday low of Rs 194.55 falling 4.98% on BSE. The stock is down 75.13 per cent this year. The stock also touched an intraday high of Rs 946.6, rising 5% on BSE. In a year, the Adani Wilmar stock has gained 25.35%. Adani Total Gas stock touched an intraday low of Rs 900.45 falling 5% on BSE. The stock opened with a gain of 2.96% at Rs 727 on BSE. In a year, the Adani Enterprises stock has gained 8%. Adani Wilmar Ltd stock hit an intraday high of Rs 434.45 up 4.99% in the previous session. Stock of Adani Ports rose 5.17% intraday to Rs 688 on BSE. Stock of Adani Ports closed 3.81% higher at Rs 679.10 on BSE in the previous session. The stock touched an intraday high of Rs 1891.1, rising 8.82% on BSE. The stock is down 52.35 per cent this year.

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Adani Enterprises, Adani Ports, Ambuja Cements shares saw MF ... (Business Today)

Mutual funds were seen trimming stakes in four Adani group shares in February, including the group flagship Adani Enterprises.

In Adani Transmission, MFs held 14,97,398 shares in January against 15,08,510 shares in December. Mutual Funds cut holdings in Ambuja Cements to 14,76,25,066 shares or 7.43 per cent in January from 15,65,85,479 shares or 7.89 per cent in December, PRIME Database suggested. In Adani Green Energy, domestic funds held 17,40,150 shares at January end against Rs 19,36,368 shares at December end. In Adani Power, MF holding increased to 2,10,084 shares from 1,93,353 shares. Mutual funds' holding in Adani Ports dropped to 3.46 per cent in February from 4.80 per cent in January. In Adani Green, MF holding stayed at 0.11 per cent, but number of shares they held in the Adani company increased to 17,70,894 from 17,40,150. Funds held 7,48,26,083 shares in Adani Ports in February against 10,37,30,269 shares in January. Adani Total Gas saw MFs trimming their stake to 14,01,990 shares or 0.13 per cent from 14,97,398 shares or 0.14 per cent. Net-net, Adani Ports at Rs 4,433 crore remained the biggest MF bet among the Adani group names. In value terms, that Adani Enterprises' holding amounted to Rs 3,465.85 crore at January end against Rs 5,097.66 crore at December end, as per PRIME Database. ACC saw MF holding rising to 9.02 per cent from 8.63 per cent. The institutional investor category was seen buying small quantities of five other Adani companies including

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