Adani Group Stocks News

LIC has increased its stake in ACC Ltd to over 10% and in NBCC (India) to about 4.5%. The acquisitions were made through open market purchases. ACC's stock has seen a decline, while NBCC has risen significantly over the past year.

Adani Enterprises has launched a ₹24,930 crore rights issue, allowing existing shareholders to purchase shares at a 24% discount. The subscription period is from November 25 to December 10, 2025, aimed at expanding equity and funding infrastructure projects while reducing debt.

GQG Partners has increased its stake in Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Adani Green Energy and Adani Energy Solutions, NSE block deal data on November 18 showed.

JM Financial initiated coverage on Adani Green Energy with a target price of ₹1,289, indicating a 19% upside. The firm cited strong execution, strategic synergies, and realistic capacity goals as key factors supporting its bullish outlook.

Adani Energy Solutions share price has gained 7.5% in one month and more than 23% in three months. The Adani group stock has risen 9% in six months and has rallied 22% on a year-to-date (YTD) basis.

Indian stocks closed higher, driven by metals and tech sectors, ahead of a US Federal Reserve rate cut. Positive comments from Donald Trump on a trade deal boosted sentiment, with Nifty 50 up 0.45% at 26,053.90 and Sensex rising 0.44% to 84,997.

Adani Green Energy shares surged 14% to ₹1,145 after strong Q2 results, marking a one-month high. Despite flat revenue, a 25% increase in net profit to ₹644 crore was driven by higher energy sales, which rose 39% year-on-year to 19,569 million units.

Adani group company — Adani Power — will announce its financial results for the quarter ended September 30 in the week ahead, the firm informed via an exchange filing today, October 23.

September brought significant gains for most Adani Group stocks, with Adani Power leading at a 20.41% increase. Investor confidence surged after SEBI cleared the group of Hindenburg-related allegations and positive brokerage updates.

On September 22, markets regulator SEBI gave a clean chit to the Adani Group, confirming that its entities — Adani Ports & Special Economic Zone Limited and Adani Power Ltd. — had not breached any regulations, contrary to the claims made by U.S.-based short-seller Hindenburg Research.