Ambuja Cements share price will be in focus on Friday after the Adani Group firm announced the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of ₹10,422 crore. Ambuja Cements will acquire 100% shares of PCIL from its existing promoter group, Pratap Reddy and family and the […]
Adani Group stocks
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 […]
Shares of Adani Enterprises Ltd., the flagship of Indian billionaire Gautam Adani’s group, have erased all the losses inflicted by a scathing short-seller report in early 2023, after the conglomerate cut debt and landed major projects. The stock crawled back losses of more than $30 billion that came after US-based […]
Shares of Adani Enterprises, the flagship company of Adani Group, surged 7.5% to reach a new 52-week high of ₹3,377.50 apiece in today’s trading session. This notable upswing came in the wake of insights provided by IIFL Alternative Research, suggesting the prospective inclusion of Adani Enterprises in the Sensex, potentially […]