Adani Group stocks under pressure amid fresh fraud allegations by OCCRP report

Shares of Adani Group companies fell up to 5% after allegations that the group's partners used opaque funds via Mauritius to invest in its own stocks. The Adani Group rejected the allegations, calling them ‘recycled’ and an attempt to drive down stock prices.

8 out of 10 Adani Group companies report positive net profit growth in Q1FY24

In Q1FY24, the Adani Group companies reported a significant improvement in net profit, with 8 out of 10 group companies recording positive net profit growth. 

Adani Group's net profit jumped 66% in Q1; 4 companies posted net profit growth of over 50%

ACC, a major player in cement and ready-mix concrete, reported a 16.4% rise in revenue and a remarkable YoY profit increase of 105% to ₹466 crore. Adani Power excelled with an 83.24% YoY surge in consolidated net profit, reaching ₹8,759 crore, and achieved an average plant load factor of 60.1%.

Large cap mutual funds mop up Adani group stocks: Report

Sharp corrections post Hindenburg saga seem to have presented a buying opportunity

FPI count in six Adani companies on the rise since Sept 2020: Report

In Adani Enterprises, the number of FPIs have jumped more than threefold to 410 in March 2023 from 133 in September 2020, informed ET. Meanwhile, in Adani Total Gas, the number of overseas investors has gone up to 532 from 63, it said.

Five Adani Group stocks settle in positive territory; Ambuja Cements jumps 4.54%

<ul><li>The stock of Ambuja Cements jumped 4.54 per cent, ACC rallied 2.47 per cent, Adani Power gained 1.37 per cent, Adani Ports advanced 0.89 per cent and Adani Green Energy climbed 0.51 per cent on the BSE.</li></ul>

Adani Group repays loans worth USD 2.65 bn to complete prepayment programme

<ul><li>In a Credit Note released on Monday, Adani Group said it has made a full prepayment of USD 2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms and also another USD 700 million in loans taken for the acquisition of Ambuja Cement.</li></ul>

At ₹44,664 cr, LIC's Adani portfolio value up 54% from Hindenburg lows: Report

The report pointed out that a sharp turnaround has been witnessed in the stocks of flagship Adani Enterprises and Adani Ports. It informed that the value of the investment by LIC, which holds 4.3 percent of Adani Enterprises, has increased to ₹12,000 crore.

Adani Group stocks rally for third session after SC panel finds no regulatory failure; up between 14 and 44%

All Adani Group stocks has been rallying since Friday. In these 3 sessions, Adani Enterprises has soared over 44 percent and Adani Wilmar surged 29 percent.

Adani stocks surge to cap their best day since Hindenburg report

The 10 Adani stocks added about $10 billion to their market value in Monday’s session, the most since Hindenburg’s scathing report in January.

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Adani Group stocks under pressure amid fresh fraud allegations by OCCRP report

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8 out of 10 Adani Group companies report positive net profit growth in Q1FY24

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Adani Group's net profit jumped 66% in Q1; 4 companies posted net profit growth of over 50%

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Large cap mutual funds mop up Adani group stocks: Report