Adani group junks bribery allegations; says no such notice from U.S. Justice Dept
Adani group stocks trade mix after sharp sell-off on Monday; Adani Enterprises is up 0.89%; six of the other nine in red
Adani group stocks trade mix after sharp sell-off on Monday; Adani Enterprises is up 0.89%; six of the other nine in red
Adani group stocks fell in the range of 2-8% amid a report that the U.S. government widened its probe against the conglomerate over suspicions of bribery.
All 10 Adani group stocks were trading in green on Monday, propelling the combined m-cap of the conglomerate to ₹15.5 lakh mark.
Apex court says there’s no “ground” to transfer the case to SIT; Gautam Adani says “truth has prevailed”
The International Development Finance Corporation (DFC), reportedly termed Hindenburg's allegations against the Gautam Adani-led ports-to-energy conglomerate as 'irrelevant.'
Adani group stocks, which have maintained an uptrend since last week following the Supreme Court's concluded hearings of the Adani-Hindenburg case, surged between 6-14% intraday.
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
Adani Total Gas shares touched two-year low, while Adani Enterprises extends losing streak for the 9th straight session.
The promoter groups have raised a 2.06% stake in Adani Enterprises and 2.17% in Adani Ports & SEZ via open market transactions.
Barring Adani Enterprises, Adani Ports, ACC, and Ambuja Cements, shares of six listed Adani group stocks ended higher today.