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Adani Energy’s New Projects, Capital Management Keep Its Growth Story Intact, Says Jefferies

After Adani Energy Solutions released its third-quarter update, Jefferies has maintained its ‘buy’ rating on the stock as it sees the company’s growth story remaining intact given its transmission network, project pipeline and its capital management program. The company maintained robust system availability at 99.7% and has added 225 circuit km in its transmission network, […]

Druckenmiller bets on Adani; Adani Energy’s $1-bn QIP subscribed 6x with Rs 50k cr demand

New Delhi : Billionaire Stanley Druckenmiller’s family office-led investment firms have made their maiden bet on Adani group, seeking shares of the conglomerate’s power transmission unit in an institutional sale that was oversubscribed six-times and fetching demand of over Rs 50,000 crore against an issue size of USD 1 billion. Duquesne Family Office and two […]
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