The Nifty50 index soared to a new all-time high of 26,310.45 in Thursday’s trading session, buoyed by strong buying interest across heavyweights in financials, IT, infrastructure, and consumption-linked stocks. The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage…
Antique Stock Broking has initiated coverage on Adani Ports and Special Economic Zone (APSEZ) with a BUY rating and a target price of Rs 1,773, implying a 19% upside from current levels. The brokerage values the stock at 16x consolidated 1HFY28E EV/EBITDA, a slight premium to its five-year average multiple of 14.9x, citing APSEZ’s expanding…
Foreign Institutional Investors’ (FIIs) have been net buyers of Indian equities in November so far, offloading shares worth Rs 3,788 crore, taking the total outflow tally to Rs 1,43,698 crore in 2025. In the week gone, FIIs selling was to the tune of Rs 188 crore this week amid bouts of buying activity. The Friday…
Rajiv Jain-backed GQG Partners on Tuesday raised stakes in five Adani Group companies via multiple block deals. The stocks in which he added his stakes are Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment company spent a total of Rs 5,094 crore to…
Global rating agency Fitch Ratings has revised the Outlook on Adani Ports and Special Economic Zone Limited’s (APSEZ) as well as Adani Energy Solutions Limited’s (AESL) to ‘Stable’ from ‘Negative’, adding that the Adani Group has demonstrated access to diversified funding sources. Fitch has also affirmed the ‘BBB-‘ ratings on Adani Electricity Mumbai Limited’s (AEML)…
Mumbai: Mutual funds, insurers, and banks have been stepping up investments in long-term corporate bonds issued by the Adani Group, which has raised around ₹13,750 crore over the past year across five of its companies, market data showed. The group’s bond sales make up more than a tenth of all corporate bonds issued in India…