The total income of the flagship firm of the Adani Group went up 26 per cent to Rs 31,716 crore during the reviewed quarter whereas its Ebitda surged 157 per cent to Rs 3,957 crore in March quarter over the figure of the previous year's quarter.
The group spokesperson said that due to recent market developments, the management has decided to continue with the Engineering design and other activities including financial closure in an accelerated mode
BSE Sensex was down 210 points or 0.35 per cent to Rs 60,079.18 while 50-share Nifty were 80 points or 0.45 per cent to Rs 17,673.65. The two key indices had made gains for three consecutive sessions on Friday, Monday and Wednesday. In three consecutive sessions, the Sensex gained 2.44 per c
Along with the repayments done earlier in the month of February, the conglomerate said Adani has prepaid USD 2,016 million of share-backed financing, which is consistent with promoters' commitment to prepay all share-backed financing before March 31, 2023, according to a statement from Adani
Key indices -- BSE Sensex surged 415.49 points or 0.69 per cent to 60,224.46. The Nifty 50 index added 117.10 points or 0.67 per cent to 17,711.45. Some of the top Nifty gainers were Adani Enterprises which went up 5.45 per cent, Tata Motors, which was up 2.92 per cent and ONGC, which rose 2
Adani Group firms such as Adani Enterprises, Adani Green, Adani Transmission, Adani Wilmar, Adani Ports and Adani Power made gains during Friday's session. After opening at 17,451.25, the Nifty extended gains during the day and settled near the 17,600 level.
GQG reportedly took a 3.4 per cent stake in Adani Enterprises for around 662 million, 4.1 per cent in Adani Ports for USD 640 million, 2.5 per cent in Adani Transmission for USD 230 million, and a 3.5 per cent stake in Adani Green Energy for USD 340 million.