Adani Group Stocks

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms' stock route on clean energy development, saying India has many such large companies in the sector.

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Under-fire billionaire Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.

Thirty-six of the Nifty 50 constituents fell. Adani group stocks extended their slide after the group decided to call off the $2.5 billion follow-on public offering, which was fully subscribed.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Adani group's share sale exceeded its subscription targets today, days after a US short-seller alleged "brazen" corporate fraud that wiped more than $65 billion off its value.

Flagship Adani Enterprises, which is facing a crucial test this week with a follow-on share offering, rose 4%, but was off initial gains of as much as 10% and significantly below the offer price.

Richest Asian Gautam Adani's group on Sunday expressed confidence that the Rs 20,000 crore follow-on share sale of its flagship firm will sail through despite a massive hammering of the conglomerate's stocks.

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani group stocks took a beating for a second straight session on Friday

Adani group stocks have witnessed a sell off. Whats behind this?

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

Power and New & Renewable Energy Minister R K Singh on Thursday dismissed apprehensions about any impact of Adani group firms' stock route on clean energy development, saying India has many such large companies in the sector.

Both houses of parliament were adjourned for the day amid calls by opposition parties for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered an unprecedented stock crash.

Under-fire billionaire Gautam Adani insisted Thursday that the fundamentals of his conglomerate were "strong" even as shares in its companies plunged again after the group cancelled a multi-billion-dollar stock sale.

Thirty-six of the Nifty 50 constituents fell. Adani group stocks extended their slide after the group decided to call off the $2.5 billion follow-on public offering, which was fully subscribed.

Billionaire Gautam Adani today said the fundamentals of his conglomerate are "strong" as he explained the decision to call off a blockbuster share sale amid plunging stocks after a US short-seller's critical report.

Adani Enterprises has called off its Rs 20,000 crore share sale due to prevailing market conditions, the company said on Wednesday, days after a rout in its stocks following criticism by a US short-seller.

Adani Enterprises Ltd has called off its Rs 20,000-crore follow-on share sale a day after it was fully subscribed, the company said in a statement.

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Adani group's share sale exceeded its subscription targets today, days after a US short-seller alleged "brazen" corporate fraud that wiped more than $65 billion off its value.

Flagship Adani Enterprises, which is facing a crucial test this week with a follow-on share offering, rose 4%, but was off initial gains of as much as 10% and significantly below the offer price.

Richest Asian Gautam Adani's group on Sunday expressed confidence that the Rs 20,000 crore follow-on share sale of its flagship firm will sail through despite a massive hammering of the conglomerate's stocks.

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani group stocks took a beating for a second straight session on Friday

Adani group stocks have witnessed a sell off. Whats behind this?