Stock Market Update Today, 28 July 2023: Adani Group Company Stocks Advance 

Stock Market Update Today, 28 July 2023: Most Adani Group stocks advanced in trade after Adani Enterprises Ltd.’s subsidiary, Adani New Industries Ltd. raised funds for a trade finance facility of $394 million, or Rs 3,231 crore, from Barclays PLC and Deutsche Bank AG. This is to secure working capital for its integrated solar module manufacturing facility.

READ MORE

Adani Enterprises AGM 2022

India’s projected GDP growth number of 8% over this current year is very achievable. We believe our scale, our diversified business, and our track record of performance positions us very strongly to continue to perform well in a variety of market conditions. The best evidence which showcased our confidence and belief in the future – is our investment of $70 billion in facilitating India’s green transition. We are already one of the world’s largest developers of solar power. We have made also remarkable progress in several other industries over the past 12 months. In one stroke, we have become the largest airport operator in India. Around these airports that we operate today we are engaged in the adjacent businesses of developing aero-tro-polises and creating localised community based economic centres.

READ MORE

Adani Enterprises Gains On Signing Coal Mining Pact With NLC

Gold Silver Reports (GSR) – Adani Enterprises Gains On Signing Coal Mining Pact With NLC – Shares of the Gujarat-based coal mining, cargo handling and power generation company rose as much as 3 percent, the most since March 21, to Rs 157 after its subsidiary Talabira Mining signed a coal mining …

READ MORE