Adani telecom share price

• 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,...

Adani stocks were ruling the stock markets in 2022. Adani group companies like Adani Power Ltd. is up by nearly 590% in the past 3 years. (as of May30, 2023 ). Adani Green Energy Ltd. is also up by 289% in the last 3 years. Another popular Adani stock is Adani Wilmar Ltd, which is a joint venture between Adani Enterprises Ltd. and Wilmar International Ltd. This Adani stock is 89%. above its issue price in less than one and a half year. In this article, we will cover • • Adani Stock #1: Adani Green Energy Ltd • Adani Stock #2: Adani Transmission Ltd • Adani Stock #3: Adani Total Gas Ltd. • Adani Stock #4: Adani Enterprises Ltd • Adani Stock #5: Adani Ports and Special Economic Zone Ltd. • Adani Stock #6: Adani Power Ltd. • Adani Stock #7: Adani Wilmar Ltd. • • • Imagine the wealth that you could have created by investing in Adani stocks in the last 3 years. Suppose you had invested Rs 1 Lakh in Adani Power Ltd on May 29, 2023 at a share price of Rs 36.40 per share. You would have received 2,747 shares. The value of these Adani stocks would be Rs 6.90 Lakhs (share price of Rs 251.10 as on May30, 2023 ). And this type of return is not just limited to Adani Power Ltd. Almost every Adani stock has given exceptional returns in the last 3 years. Adani stocks are the primary reasons why Gautam Adani was the second richest man on the planet, overtaking Warren Buffett and even Mukesh Ambani! Post the reports of fraud, Gautam Adani’s net worth has skydived and he is now the 24 th ric...

Reuters India's Adani stocks rally after SEBI probe draws a blank on foreign links Adani Enterprises Ltd led the gains among shares of Adani Group companies on Tuesday, extending a rally after a Supreme Court panel said on Friday it was not "possible to conclude regulatory failure on allegation of price manipulation". The rally has led one of the group companies, Adani Ports and Special Economic Zone Ltd, to briefly recoup all its market capitalization losses since a damaging report by the U.S. short seller Hindenburg Research on Jan. 24. The Wall Street Journal Adani Shares Have Their Best Day Since a Short Seller Report The shares of companies in India’s Adani Group surged on Monday, after a panel appointed by the country's Supreme Court didn't find support for some of the [claims made by a short seller](https://www.wsj.com/articles/adani-group-your-guide-to-the-indian-companys-stock-market-rout-11675335951) earlier this year. The market value of the seven companies bearing the Adani name rose 9.2% to hit $108.5 billion on Monday, according to FactSet data. Adani Group has denied the allegations.

NEW DELHI: The stock rallies of Gautam Adani’s companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator that predicted previous slumps for more than a decade. TD Sequential, a widely followed DeMark technical indicator that forecast drops in Adani Enterprises Ltd. three times since 2009, suggests that last week’s near 6% slump in the shares of the company may extend, with the stock continuing to pare its more than 100% gains for the year. It also hints at losses in the offing for the shares of Adani Total Gas Ltd. and Adani Ports & Special Economic Zone Ltd. Adani, who started the year as No. 14 on the Bloomberg Billionaires Index, had surged to the second spot before last week’s rout in his company’s stocks reversed some gains in his wealth. Shares of his flagship Adani Enterprises rose to a record last month, and some of his companies, including Adani Total, have climbed more than 1,000% in the last two years. “Technical indicators suggest that these three Adani group stocks will face significant headwinds,” said Kunal Kansara, co-founder and strategist at Mumbai-based Curl Capital. “Some of these stocks are also dangerously overbought and are ripe for a deeper setback based on price action.” The TD Sequential study, a market timing indicator that uses a method of counting applied to chart patterns, suggests a reversal of the rally in the three Adani stocks. The last trend rever...

June 6 (Reuters) - Tingo Group Hindenburg also said Tingo was an "exceptionally obvious scam" and called out founder Dozy Mmobuosi's claims of having developed "the first mobile payment app in Nigeria". "We contacted the app's actual creator, who called Dozy's claims 'a pure lie'," Hindenburg said. Reuters could not independently verify the contents of the report. Tingo categorically refuted all the allegations of the report, saying it was full of "misleading and libellous content". "The Company also confirms that its accounting records are accurate and correct and that its financial results are accurately reported," Tingo said. The New Jersey-based holding company, whose shares shed more than 53% to $1.20, operates in Africa, Southeast Asia and the Middle East. Its units have ventured into agri-fintech, food processing and insurance brokerage. Tingo is the short-seller's fourth target so far this year, but a relatively smaller one compared with Indian conglomerate Adani Group, Jack Dorsey-led Shares of IEP have erased a fifth of their value after Hindenburg

Life Insurance Corporation (LIC) is ploughing more money into Adani group's flagship firm as it continues to be a net gainer despite the plunge in stock prices following a short seller's fraud allegations, filings and stock market data showed. LIC, India's largest life insurer, invested about Rs 300 crore in buying 9,15,748 more shares as an anchor investor in a Rs 20,000-crore new share sale by Adani Enterprises Ltd, according to a stock exchange filing of AEL. According to stock exchange information, LIC made a total investment of Rs 28,400 crore in Adani shares over the last few years. The value of these shares was Rs 72,200 crore before the report of the US short seller triggered a stock price crash over the last two trading sessions. The value of shares that LIC holds in Adani group companies fell to Rs 55,700 crore but it still is a net gainer by Rs 27,300 crore over its original investment. LIC holds 9 per cent in Adani Ports and Special Economic Zone, 3.7 per cent in Adani Transmission, 1.3 per cent in Adani Green Energy and 6 per cent in Adani Total Gas Ltd. Other investors who formed part of the anchor investors in AEL's follow-on public offer included Abu Dhabi Investment Authority and Al Mehwar Commercial Investment LLC.

The NSE and BSE have raised the circuit limits for the four Adani group stocks in order to facilitate higher trading activity. The adjustments, which will be effective today will ensure that the price of the stock cannot go either higher or downward above a limit specified for the day, as per NSE circular Adani stocks circuit limit Meanwhile, Adani Group on Tuesday said it has delivered a "record-breaking performance" across its portfolio of companies in FY23. The conglomerate said it has recorded its highest ever EBITDA at group portfolio level of Rs 57,219 crore, achieving a 36% growth in FY23 over the previous financial year ‘Record-breaking performance’ of Adani firms