Ambani, Adani join hands as RIL buys 26% stake in Adani Power project
The two tycoons have signed an exclusive arrangement for 500 MW of power purchase by Reliance on a long-term basis
The two tycoons have signed an exclusive arrangement for 500 MW of power purchase by Reliance on a long-term basis
BHEL has received an order worth ₹4,000 crore from Adani Power for setting up the 2x800 MW thermal power plant at Raigarh, Chhattisgarh.
The fair trade regulator Competition Commission of India (CCI) approved a 100% acquisition of Lanco Amarkantak Power Limited by the company on March 26.
Between Mar and Sept 2023, only ATGL and AESL added 2,79,021 new subscribers, while AEL, Adani Ports, Adani Green, and Adani Power lost cumulatively 7,28,084 retail shareholders.
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%.
The Adani group stock touched a 52-week high of ₹410 on September 12, 2023, rebounding over 200% from its 52-week low of ₹132.55 hit on February 28, 2023.
Adani Total Gas shares touched two-year low, while Adani Enterprises extends losing streak for the 9th straight session.
The combined market capitalisation of Adani Group stocks touched ₹11.29 lakh crore on Monday, hitting six months high amid recent investments by Rajiv Jain-led GQG Partners.
BHEL has bagged an order for supply of equipment and supervision of erection & commissioning of a 2x800 MW power project at Bandhaura, MP.
Adani Green stock gains 9.8% in intraday trade to touch a high of ₹1,024.95 apiece