Adani Energy Solutions Limited (AESL) said on Monday that the company has raised ₹8,373 crore (USD 1 billion) through its Qualified Institutional Placement (QIP), the largest QIP ever in India’s power sector. According to a press release, this QIP, AESL’s first equity raise since its demerger and listing from Adani […]
Adani Energy Solutions
Adani Energy Solutions Ltd—the power transmission unit of the Adani Group—raised $1 billion through a share sale on Tuesday, July 30. Marking a market return, this was the first ever public equity fundraise by billionaire Gautam Adani’s ports-to-power conglomerate since the Hindenberg-led market rout. Adani Energy Solutions Ltd raised the […]
Adani Group stocks crashed sharply on Tuesday after most of the group stocks hit 52-week highs in the previous session following the overall weak sentiment of the Indian markets after early trends showed that the election result could be tighter than exit polls had predicted. The decline in Adani Group […]
Adani Group stocks surged sharply in today’s trading session, driven by multiple positive developments that spurred strong demand for the group’s shares. Leading the performance was Adani Power, which gained 10%, closing at ₹776.40 and hitting a new all-time high of ₹797 per share. Adani Total Gas followed closely as […]