Shares of renewable energy companies, including Adani Green Energy, NPTC Green Energy and Acme Solar Holdings, were trading with losses of up to 5% on Friday, April 4. Brokerage firm ICICI Securities has initiated coverage on these three stocks, with potential upsides of up to 74%. Within the renewables space, ICICI Securities already had Tata […]
Adani Green’s arm commissions 250 MW solar power project in Rajasthan – CNBC TV18
Adani Green Energy Ltd. on Thursday, March 20, announced the successful commissioning of a 250 MW solar power project in Rajasthan’s Bhimsar. The project was undertaken by Adani Green Energy Twenty Four Ltd., a wholly-owned step-down subsidiary of the company. This addition to AGEL’s portfolio boosts its total operational renewable generation capacity to 12,841.1 MW, […]
Top stock picks | Adani Green, HDFC Life, Reliance & Ramco Cements – CNBC TV18
1 / 7 Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day. 2 / 7 Buy for a target price of ₹885 with a stop loss of ₹837 Analyst: Mitessh Thakkar of earningwaves.com at 9:15 am 3 / 7 Buy for a target price of ₹1,286 with a stop loss […]
Macquarie sees a 40% upside in this Adani Group stock – CNBC TV18
Brokerage firm Macquarie has initiated coverage on Adani Green Energy Ltd. with an “outperform” rating and a price target of ₹1,200 on Thursday, March 13. Macquarie’s price target implies a potential upside of 40% for the stock from Wednesday’s closing levels. The price target is still well below the stock’s recent peak of ₹2,154. Adani […]
Stocks to Watch on March 12: TCS, PB Fintech, Bharti Airtel, Godrej Agrovet and more – CNBC TV18
1 / 14 Bharti Airtel | Telecom giant announced a partnership with Elon Musk’s SpaceX on Tuesday to introduce Starlink’s high-speed satellite internet services in India. The agreement, the first of its kind in the country, is subject to SpaceX securing regulatory approvals to sell Starlink services in India. The collaboration aims to enhance Airtel’s […]
MSCI Rejig: Hyundai Motor India joins Global Standard Index, Adani Green moves out – CNBC TV18
Hyundai Motor India Ltd. will now be part of the MSCI Global Standard Index, the index services provider announced as part of its latest rejig on Wednesday, February 12. The stock also sees the highest weight increase among securities listed in India. Company Value Change %Change Meanwhile, Adani Green Energy Ltd. has been excluded from […]
Adani Green Energy: Sri Lankan govt revokes tariff pact, wants to renegotiate – CNBC TV18
The Sri Lankan government has announced the formation of a cabinet-appointed project and negotiating committee to review and renegotiate the electricity tariffs under the power purchase agreement with the Adani Group, CNBC-TV18 sources confirmed. This move follows the revocation of a tariff decision made by the previous government under President Ranil Wickremesinghe, although the overall […]
Adani US SEC and Criminal cases not combined, only assigned to one judge: Exclusive – CNBC TV18
The US Securities and Exchange Commission and Eastern District of New York criminal cases against the Adani Group are not “combined” but have just been placed before one judge in a US court for efficiency purposes. Company Value Change %Change CNBC-TV18 has reviewed the orders passed by a US court on 12th and 18th of […]
Japanese banks sticking with Adani as Jefferies, Barclays review ties – CNBC TV18
Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to […]
Adani group stocks shed over ₹2 lakh crore market value — that may not be the end of it – CNBC TV18
A US court indicting Adani Group and its Chairman Gautam Adani for bribing Indian government officials has eroded the combined market value of the group’s stocks by ₹2.6 lakh crore ($30 billion) by 10:45 am on November 21, but that may just be the start of a series of challenges, according to experts. According to […]