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Tag: Adani Enterprises

Adani Enterprises’ share price decreased by 2%: Jefferies expects the stock to rise by at least 20% following the Q1 earnings for three main reasons

The share price of Gautam Adani-led Adani Enterprises is still under scrutiny following the announcement of the FMCG segment demerger and Q1 results. Over the past year, the share price of Adani Enterprise has increased by over 27%. On a day when benchmark indexes were down more than 1%, the price of Adani Enterprises’ shares…

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Gautam Adani states at the AGM that he is prepared to profit from the infrastructure business

Chairman Gautam Adani stated that Adani Enterprises is well-positioned to benefit from possibilities in the infrastructure sector of India during the company’s annual general meeting (AGM). He continued by saying that states handle the majority of the financing and implementation of these infrastructure projects. “We are primarily an infrastructure company and are in a strong…

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Adani Enterprises shares eliminate losses from Hindenburg; the broker’s price target is Rs 4,338

Adani Enterprises shares: The Adani group flagship has erased all of the losses it suffered as a result of the damning analysis by Hindenburg Research on January 24, 2023, thanks to a robust 12% increase in Adani Enterprises Ltd shares over the last month. Adani Enterprises, which closed on January 24, 2023, at Rs 3,442.75,…

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AdaniConneX enters into agreements with eight lenders in order to raise up to $1.44 billion

AdaniConneX, a joint venture between Adani Enterprises (AEL) and EdgeConneX, a data center operator, has agreements in place to finance up to $1.44 billion in financing connected to sustainability. AdaniConneX now has a $1.65 billion construction financing pool, which includes the $213 million it spent on its first construction facility in June 2023. With an…

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Adani Group commits Rs 75,000 crore investment in Madhya Pradesh: Pranav Adani

Adani Group: More than 15,000 jobs would be created in Madhya Pradesh as a result of the Adani Group’s planned Rs 75,000 crore investment in a variety of industries, including cement, roads, energy, and natural resources. The group has been investing extensively throughout the nation’s states, primarily to build infrastructure in a variety of industries….

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Adani Enterprises set to triple capex,reaching Rs 92,000 cr by FY25

Adani Enterprises (AEL), which is involved in the consumer, transportation, and new energy industries, has increased its capital expenditure (capex) to Rs 92,000 crore for FY25 in order to get ready to launch its airport and green hydrogen businesses aggressively. The chief financial officer of AEL, Jugeshinder “Robbie” Singh, stated: “AEL’s total capital expenditure plan…

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