Adani enterprises share price bse

Synopsis Most of the Adani Group stocks were trading at multi-year lows two days ago as a result of the Hindenburg short-research seller's report, which has caused the group to lose money. In the last two trading sessions, we observed short covering in the stock price, this recovery may continue up to the Rs 1,600 level. Another drawback for the business is its debt. Check out the debt-to-equity ratio. If we talk about investing, debt is always a major concern. So, both short-term traders and investors should avoid this stock until the trend direction is clear. Triveni Turbine: Buy According to the weekly chart, Triveni Turbine has broken out of almost 6 months' worth of consolidation range from the Rs 314 level and is now trading at all-time high levels. According to the chart pricing pattern, the stock is expected to continue its upward movement up to the Rs 425 level. As long as it remains above Rs 288, it should be considered bullish. Mazagon Dock Shipbuilders: Buy On the daily chart, the stock has already corrected by about 25% from its 52-week high, and it is now poised to give a falling channel breakout from the level of Rs 750 on the higher side. If it can sustain above that level, we can expect levels of Rs 810 and Rs 860 on the higher side. One should maintain a bullish view as long as it holds above the major support level of Rs 690. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of...

• Adani Enterprises (Nse) has an operating revenue of Rs. 136,977.76 Cr. on a trailing 12-month basis. An annual revenue growth of 96% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 7% is fair but needs improvement. The company has a debt to equity of 99%, which is bit higher. The stock from a technical standpoint is trading below to its 200DMA and around 18% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 93 which is a GREAT score indicating consistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 9 indicates it belongs to a strong industry group of Elec-Misc Products and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 12,727 12,142 22,137 20,318 8,808 Operating Expenses Qtr Cr 12,246 11,900 21,608 19,757 8,407 Operating Profit Qtr Cr 481 242 529 562 400 Depreciation Qtr Cr 34 32 33 32 33 Interest Qtr Cr 142 211 161 151 181 Tax Qtr Cr 163 104 166 159 116 Net Profit Qtr Cr 441 270 469 443 227 Indicator Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022 Oper Rev Qtr Cr 31,346 26,612 38,...

Billionaire Gautam Adani-led Adani Group has repaid loans worth $2.65 billion to complete a prepayment programme to cut overall leverage, a move which is being seen as an attempt to boost investors’ confidence in the group companies post a short seller report. Boosted by the development, shares of Adani group companies opened mostly higher on Tuesday and rose up to 4%. In a credit note issued on Monday, Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the group's listed firms and another $700 million debt taken for the acquisition of Ambuja Cement. "The prepayment was done along with interest payment of $203 million," the Adani Group said in a credit update. The Ahmadabad-based conglomerate in its credit update highlighted the portfolio's combined net debt to EBITDA ratio has decreased from 3.81 in FY22 to 3.27 in FY23, and run rate EBITDA jumped to ₹66,566 crore in FY23 compared to ₹50,706 crore in FY22. Thegross asset or net debt cover at the portfolio combined level improved to 2.26x in FY23 from 1.98x FY22. Reacting to the credit report, most of the listed Adani group entities were trading in the green zone in early trade. Out of 10, seven stocks were trading higher, barring NDTV, Adani Total Gas, and Adani Transmission. The flagship company, Adani Enterprises was up over 7%, while Ambuja Cement was the top gainer by rising 3.6%. Among others, ACC, Adani Green Energy, Adani Ports & SEZ, Adani Power, and Adan...

Adani Enterprises' share price is in focus on Tuesday amidst news reports of a likely ₹20,000-crore follow-on public offer (FPO). The stock opened lower for second consecutive day despite the FPO buzz in the market. At the time of writing, this Adani stock traded at ₹3,597.60 apiece down by ₹21.40 or 0.59% on BSE. Its market cap has dipped to around ₹4.10 lakh crore. The Adani group company has filed papers with stock exchanges for the proposed issue, said an Economic Times report . Mint could not independently confirm the news. The Adani Group's flagship company's The start of the current week was on a bearish note for Adani Enterprises' stock. On Monday, the company's share price finished at ₹3,619 apiece down by ₹102.40 or 2.75% on BSE. Its market cap stood over ₹4.12 lakh crore. Adani Enterprises filed an offer letter with stock exchanges on Monday for a proposed ₹20,000 crore follow-on public offer (FPO), ET said quoting sources. Meanwhile, the Indian Express newspaper reported that Adani Enterprises is expected to file FPO papers with Sebi either on Tuesday or Wednesday once the company gets the green signal from its merchant bankers. This report added that Adani's FPO will likely be launched before the Union Budget 2023-24. On November 25 last year, as per regulatory filing on BSE, Adani Enterprises' board of directors approved the raising of funds through a further-public offering aggregating to ₹20,000 crore. In its filing, Adani Enterprises board approved, the "r...

Adani Enterprises' stock opened at ₹2497 on the BSE on the last day of trading and closed at ₹2486.2. The day's high was ₹2504.7, and the low was ₹2443.05. The market capitalization of the company was ₹280,713.88 crore. In the last 52 weeks, the stock has touched a high of ₹4189.55 and a low of ₹1017.1. On the day, 203,732 shares were traded on the BSE. This is an AI-generated live blog and has not been edited by LiveMint staff. 14 Jun 2023, 03:19:10 PM IST Adani Ent trading at ₹2457.35, down -0.21% from yesterday's ₹2462.4 Adani Ent stock is currently priced at ₹2457.35, with a percent change of -0.21 and a net change of -5.05. This suggests a slight decrease in the stock's value, indicating a potential negative trend in the short term. However, further analysis is needed to determine the stock's overall performance and potential for investment. 14 Jun 2023, 02:53:05 PM IST Adani Ent trading at ₹2456.2, down -0.25% from yesterday's ₹2462.4 As per current data, Adani Ent stock is priced at ₹2456.2, with a percent change of -0.25 and a net change of -6.2. This indicates a slight decrease in the stock's value, with a drop of 0.25% and a decrease of 6.2 points. Click here for 14 Jun 2023, 02:39:53 PM IST Adani Ent trading at ₹2458, down -0.18% from yesterday's ₹2462.4 Adani Ent stock is currently trading at a price of ₹2458, with a net change of -4.4 and a percent change of -0.18. This indicates a slight decrease in the stock price compared to the previous trading session. 14...

Mumbai: Two large traders initiated huge positions, estimated potentially at ₹500 crore as of Friday closing, on the derivatives counter of Adani Enterprises, the Adani Group flagship, around the time ace investment manager Rajiv Jain’s GQG Partners picked up a 3.39% stake in the company from the SB Adani Family Trust. The positions are above the 3% per client threshold of the marketwide position limit (MWPL) for a stock fixed by NSE, which provides data on clients holding in excess of that limit on its futures and options (F&O) segment. It is not clear if they are buy or sell exposures or if they are futures or options contracts. Analysts said that if these are futures or short options positions, based on Friday’s closing rate of ₹1,891 per share for the active futures contract (250 shares) and margin to trade of 65%, the outstanding value of their contracts could be as much as ₹540 crore. The total exposure by the number of shares of the two traders stands at 4.39 million, which is around 7% of the 62.4 million MWPL. View Full Image Mint The two Adani stocks which routinely see large derivatives exposure by a single client are Adani Ports and Ambuja Cements. But Adani Enterprises has not seen such kind of exposure since at least August of last year. Of the 10 listed Adani stocks, four are listed in NSE’s derivatives segment—Adani Enterprises, Adani Ports, ACC and Ambuja Cements. One of the investors took the position on 1 March, a day before GQG invested ₹5,460 crore in ...