Adani Energy Solutions Ltd

(ADANIENSOL)

Adani Energy Solutions Faces Negative Outlook and Decline - 26 Nov, 2024

Adani Energy Solutions Ltd faced a negative outlook from Fitch due to bribery charges. Shares dropped significantly, hitting fresh lows, despite GQG Partners' support.

Adani Energy Solutions Faces Volatility Amid Allegations - 25 Nov, 2024

Adani Energy Solutions experienced significant volatility, hitting a 52-week low due to bribery allegations while also seeing a brief rally after political victories.

Adani Energy Faces Regulatory and Credit Challenges - 24 Nov, 2024

Adani Energy Solutions was awarded a project in Kenya but faced scrutiny from SEBI and a negative outlook downgrade from S&P Global Ratings, indicating potential challenges ahead.

Adani Energy Wins Kenya Transmission Project Contract - 23 Nov, 2024

Adani Energy Solutions Ltd confirmed on October 9 that it was awarded a contract to build transmission lines and substations in Kenya, enhancing its international operations.

Adani Energy Solutions Faces Major Setbacks in Kenya - 22 Nov, 2024

Adani Energy Solutions faced significant challenges as Kenya canceled a $736 million power transmission deal. The company's stocks also suffered declines amid broader market fallout.

Adani Energy Solutions Faces Major Challenges and Growth - 21 Nov, 2024

Adani Energy Solutions reported significant profit growth while facing stock declines due to bribery allegations and contract suspensions. Stake changes by investors reflect market sentiment.

Adani Energy Solutions Acquires Pune-III Transmission - 20 Nov, 2024

Adani Energy Solutions Ltd has acquired a 100% stake in Pune-III Transmission Ltd for ₹10 per share, enabling the evacuation of 7GW of renewable energy from Khavda RE Park, Gujarat. This acquisition aligns with AESL's strategy to enhance shareholder value through organic and inorganic growth opportunities.

Adani Energy Solutions Secures Major Contracts - 19 Nov, 2024

Adani Energy Solutions has received significant contracts, including a ₹450.01 crore project for a 765 kV transmission line and the transfer of Pune-III Transmission Limited.

Adani Energy Solutions Faces Significant Stock Correction - 17 Nov, 2024

Adani Energy Solutions Limited's stock has seen a notable decline of 34.73% from its 52-week high of ₹1,348, closing at ₹879.70. Despite this, it remains 22.15% above its 52-week low of ₹720, indicating some resilience amid market fluctuations.

Adani Energy Solutions Market Cap Rises Significantly - 12 Nov, 2024

On November 12, 2024, Adani Energy Solutions saw its stock price increase by 2.36%, boosting its market capitalization by Rs 2,556 crore to Rs 1,10,908.42 crore. This reflects strong investor sentiment in the power distribution sector.

Adani Energy Solutions Faces Index Exclusion and Expands in Kenya - 08 Nov, 2024

Adani Energy Solutions shares dropped 10.4% after MSCI excluded it from the Global Standard Index. The company also established a subsidiary in Kenya for power transmission projects.

Adani Energy Solutions Faces Major Stock Decline - 07 Nov, 2024

On November 7, Adani Energy Solutions shares fell significantly after MSCI excluded the stock from its Global Standard Index, citing free float concerns and regulatory issues. The stock tumbled over 9% during intraday trading, reflecting investor apprehension amid ongoing scrutiny from SEBI.

Adani Energy Solutions Reports Strong Financial Growth - 02 Nov, 2024

Adani Energy Solutions, formerly Adani Transmission, shows a 68.3% revenue increase in Q2 FY25, with net profit rising 171.3%. The company plans to raise Rs 20 bn through non-convertible debentures. Despite high P/E and P/BV ratios, financials are improving, though RoE and RoCE are declining.

Adani Energy Faces SEBI Scrutiny Amid New Contracts - 29 Oct, 2024

Adani Energy Solutions is under scrutiny from SEBI for alleged misclassification of shareholders while securing significant contracts, including a Rs 117.74 crore project with Jyoti Structures.