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International Rating Agencies affirms rating with upgraded “stable” outlook for various Adani Portfolio companies

Vinayak Barot
Ahmedabad, 15 February 2024: International Rating agencies Moody’s (vide press release dated 13th February 2024) and S&P (vide press release dated 22nd January 2024) have affirmed and upgraded the outlook to “stable” for all the issuances for Adani complex issued in the international market by various Adani Portfolio companies. This assures high credit quality with […]
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ADANI 123
Business

Adani Enterprises Gets A New ‘Buy’ Rating As Jefferies Bets On ‘Industry-Leading’ Businesses

Vinayak Barot
Jefferies initiated coverage on Adani Enterprises Ltd. with a ‘buy’ and a potential upside of 20%, as it expects the diversified conglomerate’s businesses to emerge as industry leaders. The Adani Group flagship has incubated multiple industry-leading businesses over the past decade and has come to be known for its execution of infrastructure projects, Jefferies said […]
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Business

Adani Ports secures top position for its climate actions and environmental performance

Vinayak Barot
Ahmedabad, 11 February 2024: Adani Ports and Special Economic Zone Ltd (APSEZ) has secured top position for its climate actions and environmental performance in assessments done by four global rating agencies. The CDP  assigned leadership band “A-“ to APSEZ, recognising the company’s efforts in implementing the current best practices to tackle climate change risks and […]
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ADANI
Business

Australia’s former PN Malcolm Turnbull’s commitment to energy equity and balanced environmental management is truly inspiring: Gautam Adani

Vinayak Barot
Adani Group Chairman Gautam Adani posted on social media and said, It was a privilege to welcome Hon Mr Malcolm Turnbull, former Prime Minister of Australia, and Ms Lucy Turnbull. Delighted that he made time to visit Khavda, where the Adani Group is building the world’s largest 30 GW Hybrid Renewables Park, spanning 750 square […]
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adani Group
Business

Adani Electricity Shines in National Consumer Service Ratings! Ranked No 1 amongst Mumbai Discoms

Vinayak Barot
Adani Electricity, the largest power distributor in Mumbai, has once again garnered an impressive ‘A’ rating in the Consumer Service Ratings for 2023, released by the Ministry of Power, Government of India. Standing tall among 62 Discoms across India, the achievement showcases Adani Electricity’s commitment to providing Reliable, Sustainable, and Customer-centric power services at competitive Tariffs. […]
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અદાણી
Business

Adani Enterprises Ltd announces Q3 and 9M FY24 Results, Consolidated EBIDTA for 9M FY24 increased by 58% to Rs. 9,592 cr

Vinayak Barot
Ahmedabad, February 1, 2024: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the quarter and nine months ended December 31, 2023. The emerging core infra businesses under the incubation pipeline of AEL have shown strong operational performance and consistently reflected significant contribution to the growth journey during the last 9 […]
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ADANI GROUP
Business

Adani Wilmar Limited (AWL) records a strong 13% volume growth in 9M FY24, with broad based growth across all segments

Vinayak Barot
Ahmedabad, Adani Wilmar Limited (AWL) records a strong 13% volume growth in 9M FY24, with broad based growth across all segments. The Company’s growth trajectory remained steady with a volume growth of 5% YoY in Q3’24 and 13% YoY in 9M FY’24. Consumer demand in packaged staple foods stayed strong during the festive season of  […]
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