Ahmedabad, July 14 (IANS) The Adani Group has become the fastest brand to enter India’s ‘Top 10 Most Valuable Brands’ for the first time, while Adani Power became the country’s top energy brand in the ‘Brand Finance India 100 Report 2026’, it was announced on Tuesday.The Adani Group secured eighth rank, up from 13 last year, thus becoming the fastest company to break into India’s ‘Top 10’ in just three years, according to leading independent brand valuation consultancy Brand Finance.The …
Latest Adani Power News & Updates
Ahmedabad, July 5 (IANS) The Adani Group on Sunday announced that it will invest Rs 2,500 crore over the next three years to establish an integrated missile manufacturing ecosystem in Shivpuri, Madhya Pradesh. The facility, described as South Asia’s largest private-sector missile ecosystem, will bring the entire value chain — from raw materials to mission-ready missile systems — under one roof.Speaking at the foundation stone-laying ceremony, Adani Enterprises Director Jeet Adani said the proj…
Ahmedabad, July 3 (IANS) Global institutions and India’s largest mutual funds have backed multiple Adani Group companies, marking a sharp turnaround in investor sentiment.Adani Group has emerged as one of the biggest draws for institutional investors over the past year, attracting around Rs 40,000 crore of fresh equity into its flagship company alone while also seeing marquee global and domestic investors increase their exposure across several listed entities.Adani Enterprises Ltd (AEL) this wee…
Ahmedabad, June 24 (IANS) Gautam Adani, the Adani Group Chairman, on Wednesday said that FY2025-26 was another year of disciplined growth and strong execution for the Group, and its consolidated portfolio revenue stood at Rs 2.92 lakh crore, thereby reflecting a year-on-year growth of 7.4 per cent.Addressing shareholders at the Adani Group’s 34th Annual General Meeting (AGM) 2026, Gautam Adani said they are now one of the very few global companies that are not reacting to the future but are prep…
New Delhi, June 7 (IANS) Adani Group Chairman Gautam Adani’s net worth rose to $89.2 billion, ranking him ahead of Reliance Industries’ Mukesh Ambani ($88 billion) and SoftBank’s Masayoshi Son ($87 billion), who held the title of Asia’s richest before shares of the Japanese investment firm fell on Thursday, according to Forbes’ Real-Time Billionaires list.Gautam Adani, on the other hand, registered an increase in net worth after a broader stock surge across companies under the umbrella of hi…
Ahmedabad, June 7 (IANS) Global brokerage Jefferies has maintained a bullish outlook on key Adani Group power and infrastructure companies, including Adani Green Energy, Adani Power, and Adani Energy Solutions, citing strong capacity expansion plans, robust demand visibility, and improving execution momentum across businesses.In its latest note, Jefferies said it remains positive on Adani Green Energy Limited with a “Buy” rating and a price target of Rs 1,435, implying limited near-term upsi…
Mumbai, May 27 (IANS) Shares of Adani Group companies have recovered all losses triggered by the 2023 Hindenburg Research report, with the conglomerate’s combined market value nearing Rs 19 trillion amid improving investor sentiment and easing regulatory concerns.The listed companies of billionaire Gautam Adani-led Adani Group have staged a strong comeback, erasing nearly all losses caused by the controversial 2023 short-seller report by Hindenburg Research.The combined market capitalisation o…
Ahmedabad, May 27 (IANS) The Adani Group is witnessing a sharp surge in market valuation, with the combined market capitalisation of its listed companies nearing the Rs 20 lakh crore milestone.The conglomerate has added around Rs 5 lakh crore in market value on a year-to-date (YTD) basis, driven by strong earnings performance and renewed investor confidence.Among the group companies, Adani Power has emerged as the biggest contributor to wealth creation this year.The company’s market capitalisa…
Mumbai, May 22 (IANS) Global brokerage Bernstein has gone bullish on Adani Group over robust execution and a healthy balance sheet, hailing its ability to execute at scale against competition while expressing comfort on debt levels as well as promoter holding and share pledge metrics.The brokerage said in a comprehensive note that it is not concerned about debt levels, with debt repayment schedules and yields both described as comfortable. Promoter holding and share pledge metrics were also labe…
New Delhi, May 22 (IANS) In a major shift among foreign investors regarding their investments in India’s largest conglomerates, the prominent investment management firm Capital Group has increased its exposure to Adani Group companies while decreasing holdings in Reliance Industries Ltd (RIL), according to a new report.According to a Bloomberg report, citing people familiar with the matter, the US-based firm has acquired stakes worth over $2 billion across three Adani Group companies — Adani Po…