Adani Ent stock up as Abu Dhabi-based IHC raises stake to above 5%
IHC says strength of AEL’s airports, data centres, green hydrogen, and other verticals will help it capitalise on India’s robust growth journey
IHC says strength of AEL’s airports, data centres, green hydrogen, and other verticals will help it capitalise on India’s robust growth journey
Adani Green Energy was the best performer among the group stocks with 15.58% increase in market cap, while NDTV was the least performer with 0.61% rise in value.
Gautam Adani-led conglomerate releases a compendium of its environmental, social, and corporate governance performance for FY23
These two Adani group companies will no longer be eligible for inclusion in the MSCI GIMI as they will not meet the relevant free float-adjusted m-cap requirements, says MSCI
Adani Transmission, Adani Total Gas, and Indus Towers will be removed from the MSCI India Standard Index, effective as of the close of May 31, 2023.
The company said scaling renewable energy supply is part of the company’s strategy to provide reliable, affordable, and sustainable electricity to consumers.
The liquidity position at all Adani Group rated entities or restricted groups would benefit from cash flow generation from January 2023 to March 2024, says Fitch.
With the repayment, a total of around 193 million shares of four Adani-listed company shares will be released
MSCI will also apply a special treatment for all Adani Group's associated securities in the MSCI Equity Indexes starting from the February 2023 Index Review.
Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power, and NDTV hit their 5% lower circuit limits on Monday.