Adani news today

Adani Enterprises' stock opened at ₹2462 and closed at ₹2450.9 on the last day of trading. The stock's intraday high was ₹2504.95, while the intraday low was ₹2433.4. The company's market capitalization was ₹283,427.08 crore, with a 52-week high of ₹4189.55 and a 52-week low of ₹1017.1. The BSE volume for the stock was 127,510 shares. This is an AI-generated live blog and has not been edited by LiveMint staff. 13 Jun 2023, 03:25:28 PM IST Adani Ent trading at ₹2462.7, down -0.95% from yesterday's ₹2486.2 As of the current data, Adani Ent stock is trading at a price of ₹2462.7 with a net change of -23.5 and a percent change of -0.95. This indicates a decline in the stock value, which may be attributed to various factors such as market trends, company performance, and investor sentiments. Investors may need to closely monitor the stock's performance and keep an eye on any news or events that may impact its value. 13 Jun 2023, 03:05:40 PM IST Adani Ent trading at ₹2462.9, down -0.94% from yesterday's ₹2486.2 Adani Enterprises stock is currently trading at ₹2462.9, which represents a decrease of 0.94% from the previous day's closing price. The net change in the stock price is -23.3, indicating a downward trend. Investors may want to keep an eye on the stock's performance in the coming days to see if this trend continues or if the price rebounds. 13 Jun 2023, 02:48:00 PM IST Adani Ent trading at ₹2466.7, down -0.78% from yesterday's ₹2486.2 Adani Ent stock is currently priced a...

About four months after US short seller Hindenburg Research shook Indian financial markets with a bombshell report on the Adani Group, the conglomerate’s stocks are finding it hard to shake off the impact. While two of Adani’s 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away. The group’s market value is still down more than $100 billion since Hindenburg’s Jan. 24 report, which claimed that billionaire Gautam Adani’s empire was “pulling the largest con in corporate history.” The rout had reached $153 billion at one point.

Shares of Adani Ports & SEZ shares will be in focus on Tuesday morning after the Adani group company told stock exchanges that it has suspended its vessel operations at Mundra and Tuna port on Monday. The suspension of vessel operations was being done in view of an advisory issued by India Metrological Department on expected cyclone storm “Biparjoy", the company told stock exchanges post market hours. Shares of Adani Ports settled the day at Rs 742.25 on BSE. The stock is up 7 per cent in the last one month but has fallen 10 per cent in 2023 so far. As per reports, the cyclonic storm Biparjoy is likely to cross parts of the Gujarat coast on June 15 as a “very severe cyclonic storm”. The Indian Meteorological Department said that cyclone Biparjoy is very likely to move nearly northward till the morning of June 14 and later move north-north eastwards and cross Saurashtra and Kutch and adjoining Pakistani coasts between Gujarat’s Mandvi and Pakistan’s Karachi around June 15 noon. "It is very likely to move nearly northward till the morning of June 14, then move north-north eastwards and cross Saurashtra and Kutch and adjoining Pakistan coasts between Mandvi (Gujarat) and Karachi (Pakistan) around noon of June 15 as a very severe cyclonic storm with a maximum sustained wind speed of 125-135 kmph gusting to 150 kmph," the weather office said.

Leading bourse National Stock Exchange (NSE) on June 6 raised the price band of four Adani Group firms, including Adani Power and Adani Transmission. The changes, which will be effective from Wednesday, will ensure that the price of the scrip cannot move upward or downward beyond a limit set for the day, according to a circular. BSE, NSE put Adani Enterprises under short-term ASM framework NSE has enhanced the circuit limit of Adani Power to a maximum of 20% from the current limit of 5%. In addition, the exchange has increased the circuit limit of Adani Wilmar, Adani Green Energy and Adani Transmission to 10% from the present 5% level. The exchange has decided to revise the circuit limit of a total of 172 companies. In January, bourses BSE and NSE lowered the circuit limit of Adani Transmission, Adani Green Energy and Adani Total Gas. Generally, exchanges set the circuit limits to curb large movements in the price of shares in a very short time. The decision was taken after the heavy beating of the Adani stocks following the allegations made by U.S.-based Hindenburg Research against the group. The Hindenburg report alleged stock manipulation and fraud by the conglomerate. The Adani Group attacked Hindenburg as "an unethical short seller", stating that the report by the New York-based entity was "nothing but a lie".

June 13 (Reuters) - India's Adani Group is in talks with lenders to refinance up to $3.8 billion of a loan facility taken for its acquisition of Ambuja Cements Ltd The group is mulling whether to convert the original loan into debt with a longer maturity period and has started talking to banks individually about that plan, the report added. The conglomerate, led by billionaire Gautam Adani, expects to conclude the process within four months and most of its existing lenders, including Barclays Plc However, the report cautioned that the deal is yet to be finalised and may not go ahead. Adani Group, Deutsche Bank, Barclays and Standard Chartered declined to comment, while MUFG did not immediately respond to Reuters' request for comments. Ahmedabad, India-headquartered Adani last year acquired ACC Ltd Indian business daily The Economic Times had The Adani group's high debt levels were among the concerns that were flagged by U.S. short-seller Hindenburg in a report on Jan. 24. The short-seller also said the conglomerate improperly used tax havens, among other allegations that wiped out over $100 billion in investor wealth in the Adani group's listed entities. The group has called the report baseless and has since garnered investor support and repaid debt. Last month, a court-appointed panel

MUMBAI, Jan 27 (Reuters) - Shares of India's Adani Enterprises Seven listed companies of the Adani conglomerate - controlled by one of the world's richest men Gautam Adani - lost a combined $48 billion in market capitalisation, with U.S. bonds of Adani firms also falling after Hindenburg Research The rout led to a near 20% fall in shares of Adani Enterprises, the group's flagship company, well below the offer price of its secondary sale. As bidding started on Friday, the issue was subscribed around 1%, raising concerns over whether it would be able to proceed. "The news cycle in the past few days has clearly impacted the share sale and you can clearly see that in the subscription levels, especially the low retail participation," said Narendra Solanki, fundamental research head at domestic brokerage Anand Rathi. The Adani Group was concerned but prepared to wait it out for now as the share sale continues until Jan. 31, two people with direct knowledge of the situation said. India's capital markets regulator is studying the Hindenburg report as it may help its own probe into offshore fund holdings of Adani Group, two other sources said. Spokespersons for the regulator and Adani had no immediate comment. Adani Group dismissed the Hindenburg report as baseless and said it is considering whether to take legal action against the New York-based firm. With a net worth of $96.6 billion, billionaire Gautam Adani is now the world's seventh richest man, according to Forbes, slipping f...

Adani-Hindenburg case LIVE updates: SC hints at 3 months extension to SEBI, hearing on May 15 now May 12, 2023, Updated May 12, 2023, 4:58 PM IST Adani Group vs Hindenburg: The Supreme Court will hear the pleas on the Adani-Hindenburg row on May 12, almost two months after it had asked market regulator Securities and Exchange Board of India (Sebi) and an experts' panel to probe the matter. Adani-Hindenburg case: The Supreme Court on Friday said that it may give Sebi a three-month extension to complete its investigation into the Adani-Hindenburg row. It has now listed the matter for Monday, May 15 for consideration of SEBI's plea seeking an extension of time. The apex court had earlier asked the market regulator to complete its probe into the matter within two months. Market regulator Sebi was supposed to file the report by May 2 but on April 29, it submitted a fresh application seeking a six-month extension for a thorough investigation into the allegations of stock manipulation and financial fraud against Adani Group. On April 29, SEBI filed its request with the apex court and highlighted complex transactions involving listed, unlisted, and offshore entities that require deeper investigations. In its application to SC, SEBI said that given the complexity of the case, it would take around 15 months to complete the investigation. But it is trying to conclude the investigation within six months. Here are the latest updates from Business Today.In: SC gives 3 months extension, ...