Adani Enterprises Ltd., the Indian tycoon’s flagship, and at least two other group companies plan to hold board meetings on May 13 to consider raising funds via the sale of shares or other securities. They didn’t disclose how much money they intend to raise or who they’re working with on a potential deal or deals. Shares of all 10 group firms edged higher in Mumbai on Thursday, with the flagship’s stock climbing more than 6%. The group’s dollar bonds also rose.
Adani Enterprises to Weigh Stock Sale Months After Short-Seller...
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Adani Enterprises Limited is an Indian multinational publicly-listed holding company and a part of Adani Group. It is headquartered in Ahmedabad and primarily involved in mining and trading of coal and iron ore.
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building stellar infrastructural assets contributing to nation-building.
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Adani Enterprises Ltd. engages in the business of coal and power trading. It operates through the following segments: Integrated Coal Management, Mining and Services, Solar Manufacturing,...
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Adani Enterprises Ltd., Adani Power Ltd. and . Adani Ports & Special Economic Zone Ltd. have moderate leverage, Lakshmanan R, senior research analyst at . CreditSights, told Bloomberg in an email. For
The conglomerate "recorded its highest ever EBITDA at the group portfolio level (combined all group companies) of Rs 57,219 crore, achieving a 36 per cent growth over the previous financial year. Run-rate EBITDA, which considers the annualisation of EBITDA from projects that are commissioned during the year, the number is as high as Rs 66,566 ...
Ahmedabad, May 3, 2022: Adani Enterprises Ltd, (AEL) part of the Adani Group, today announced its results for the year and quarter ended March 31, 2022. Financial Highlights FY22 (Consolidated) (YoY Basis): Total Income increased by 75% to Rs. 70,433 crore on account of significant increase in prices in IRM segment.