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
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October 2023
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Adani Green Energy, Adani Energy drop up to 2% as IHC looks to sell shares
IHC, through its subsidiaries, holds a 1.26% stake in Adani Green Energy and 1.41% in Adani Energy Solutions, valued at around ₹3,327 crore based on Thursday’s closing prices.
Abu Dhabi’s IHC to invest $400 mn in Adani Enterprises FPO
The major investment comes amid allegations by U.S.-based short seller Hindenburg against the Adani group; FPO, which has received a tepid response so far, was subscribed just 3% by Monday.
Abu Dhabi's IHC to invest $2 billion in 3 Adani Group companies
IHC will invest ₹3,850 crore in Adani Green Energy, ₹3,850 crore in Adani Transmission and ₹7,700 crore in Adani Enterprises.
