The Latest Breaking News from Adani Energy

Adani Energy Q2 Results: Profit zooms 148% YoY to Rs 1,323 crore; revenue jumps 53%

Adani Energy Q2 Results: Revenue from operations in the reporting period rose 53% YoY to Rs 10,076 crore.

The Economic Times · Oct 22

GQG sale of Adani Energy shares said to disrupt hedge fund bets

GQG Partners’ Adani Energy Solutions stake sale added unexpected supply during MSCI’s rebalancing auction, overwhelming passive-fund demand and contributing to a 10% stock decline. Hedge funds positioned for index-driven buying were also affected. About $569 million of shares changed hands, while GQG’s stake had fallen to 3.46% by August-end.

The Economic Times · Sep 5

Adani Energy Solution shares end 2% higher after acquiring Vizag Power Transmission

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Power Development and Consultancy. The acquisition is aimed at facilitating power integration for proposed green hydrogen and green ammonia projects in Vizag. The development follows AESL’s win of an approximately Rs 8,500 crore transmission project…

The Economic Times · Aug 14

Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in May

Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other stocks while exiting Paytm and three other companies. This move reflects a dynamic approach to capturing growth opportunities within the mid-cap segment.

The Economic Times · Jun 16

Adani Enterprises & other Adani Group stocks rise up to 5% after US drops charges against Gautam Adani

Adani Group shares surged as US prosecutors dropped criminal charges against Gautam Adani and his nephew. This development concludes a 19-month legal challenge. The conglomerate also settled civil charges with the US Treasury Department for sanctions violations. The group's expansion plans faced uncertainty during this period. The dismissal of charges…

The Economic Times · May 19

MSCI decides against adding Adani Energy to global standard indexes in May review

MSCI has excluded Adani Energy Solutions from inclusion in its indexes during the May 2026 review after the stock was placed on an “Ineligible Alert Board” due to India’s ASM surveillance framework. MSCI said securities under the Short-Term or Long-Term Additional Surveillance Measure (ASM) will not be added to its…

The Economic Times · May 13

Adani met YS Jagan in 2021, promised bribe of $200 million, says SEC

Foreign Official #1 is how the indictment order by the United States identifies a high-ranking official in Andhra Pradesh whom Gautam Adani personally met in August 2021 to offer bribes for getting solar contracts.

Newslaundry · Nov 21, 2024