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…
Latest Adani Total Gas News & Updates
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…
New Delhi, May 19 (IANS) Shares of Adani Group companies surged up to 5 per cent in early trade on Tuesday, with listed entities trading in the green amid improved investor sentiment following recent developments related to a US legal case involving group chairman Gautam Adani and his nephew Sagar Adani.Adani Green Energy emerged as one of the top gainers in the group, rising 5.38 per cent to Rs 1,442 in early trade on the BSE.Meanwhile, Adani Enterprises jumped as much as 3 per cent to touch an…
Ahmedabad, March 11 (IANS) Shares of Adani Total Gas surged 20 per cent to hit the upper circuit on Wednesday, extending gains even as India faces a deepening natural gas supply crunch.The sharp rally came after the company said domestic piped natural gas (PNG) and compressed natural gas (CNG) used for transport have received priority allocation under a recent order by the Indian Government.The stock also witnessed heavy trading activity during the session. Average volumes at the counter jumped …
Ahmedabad, Jan 22 (IANS) Adani Total Gas (ATGL) on Thursday reported an 11 per cent year-on-year rise in its consolidated net profit for the third quarter ended December (Q3 FY26).The company’s net profit for Q3 stood at Rs 159 crore, compared with Rs 142.38 crore recorded in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Revenue from operations showed strong growth during the quarter. Adani Total Gas posted revenue of Rs 1,631 crore in Q3 FY26 — markin…