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FORGOTTEN HISTORY: Adani energy solutions - Caught on Camera

Adani Energy Solutions gets CCI approval for Rs 3,050-crore IntelliSmart acquisition

The Competition Commission of India (CCI) has approved Adani Energy Solutions' Rs 3,050-crore acquisition of IntelliSmart Infrastructure. The transaction involves acquiring 100% of IntelliSmart's equity from NIIF and EESL, along with the redemption of optionally convertible debentures held by NIIF, expanding AESL's presence in the smart metering business.

The Economic Times · Oct 30

Stocks in news: Swiggy, Infosys, HPCL, eMudhra, Adani Power, Shriram Finance, Tata Motors and NLC India

Indian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index saw a decline, with analysts pointing out critical resistance and support points. Numerous companies disclosed their financial results, showcasing a mix of profits and setbacks for the September quarter. As various…

The Economic Times · Oct 23

Adani Energy's 'smart' bet comes with a Rs 29,519 crore revenue potential

Adani Energy Solutions has 24.6 million smart meters under implementation across 10 projects, carrying a revenue potential of over Rs 29,519 crore. With 14.82 million meters installed cumulatively by September 2026, execution will be key to unlocking this opportunity, alongside a Rs 87,000 crore transmission project pipeline and expanding energy…

The Economic Times · Oct 22

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Adani Energy Solutions acquires Satara Power Transmission

PFC Consulting successfully transferred Satara Power Transmission to Adani Energy Solutions following a competitive bidding process. This project was established to develop a transmission system for network expansion in the Western Region. The project specifically aims to support pumped storage potential of up to 4500 MW near Satara, Maharashtra. Adani…

The Economic Times · Oct 7

4 Adani group companies settle public shareholding violations case with Sebi. Check details

Adani Enterprises and three other companies have settled with Sebi over minimum public shareholding violations. The total settlement amount paid by the companies and directors is Rs 1.48 crore. Sebi initiated its investigation after receiving complaints in 2020 regarding non-compliance with public shareholding requirements. The proceedings were settled without admitting…

The Economic Times · Sep 28

How Gautam Adani turned Rs 1 lakh crore of stressed asset deals into a mega infrastructure bet

Gautam Adani's ambitious acquisition strategy involves securing over 20 infrastructure deals valued at ₹1 lakh crore, encompassing diverse sectors such as power, ports, airports, and renewable energy. This approach comes in response to prior financial challenges in India. The Adani Group aims to boost operational efficiencies and expand its capacity,…

The Economic Times · Sep 28

5 Adani group stocks in focus as firms settle Sebi proceedings linked to Hindenburg report

Five Adani Group companies have settled Sebi proceedings over alleged disclosure and corporate governance violations, paying a combined Rs 1.51 crore. The proceedings relate to findings arising from Sebi’s examination of issues highlighted in the Hindenburg Report.

The Economic Times · Sep 23

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After Hindenburg: 5 Adani group companies settle disclosure violation case with Sebi

Five Adani group firms settled Sebi adjudication proceedings over alleged disclosure and governance lapses flagged in the Hindenburg Report, paying ₹1.51 crore without admitting or denying violations.

The Economic Times · Sep 22

Adani stocks soar up to 12% after Jefferies sees up to 53% upside in Adani Energy and others

Adani group stocks rallied on Friday after Jefferies highlighted growth prospects across energy, ports and power businesses. Adani Total Gas gained over 12%, while Adani Energy Solutions, Adani Green, Adani Power and Adani Ports advanced following positive brokerage commentary and targets.

The Economic Times · Sep 18

Nominal GDP growth set to surge to 12%. Why the stock market may still struggle to rally

India’s nominal GDP growth could accelerate to 11.5%-12% in FY27, supporting stronger corporate earnings. However, elevated valuations, rising equity supply and potentially slower domestic flows could limit broad market gains. Jefferies favours lenders, power, ports and real estate, but sees a selective stock-picking environment rather than a broad-based rally.

The Economic Times · Sep 3

MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows

MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The final 30 minutes of Monday’s session could see significant activity as investors adjust positions. According to Nuvama Alternative and Quantitative Research, the changes include index…

The Economic Times · Aug 30

Adani Energy Solution shares end 2% higher after acquiring Vizag Power Transmission

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Power Development and Consultancy. The acquisition is aimed at facilitating power integration for proposed green hydrogen and green ammonia projects in Vizag. The development follows AESL’s win of an approximately Rs 8,500 crore transmission project…

The Economic Times · Aug 14

Quant Mid Cap Fund exits Anthem Biosciences and Lenskart Solutions, adds Cochin Shipyard and 4 others in July

Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106…

The Economic Times · Aug 14

Adani Group raises Rs 43,500 crore, now plans another $3-4 billion in 6 months

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundraising in the past nine months. Adani Green, Adani Ports and Adani Enterprises are expected to lead the fundraising, even as domestic mutual funds have raised their holdings…

The Economic Times · Jul 29

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The Economic Times · Jul 28

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

Adani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure,…

The Economic Times · Jul 27

Adani Energy launches Rs 3,500 crore QIP, sets floor price at Rs 1,698 per share

Adani Energy Solutions launched its qualified institutional placement to raise Rs 3,500 crore. The company fixed the floor price at Rs 1,698.15 per equity share for this issue. This placement allows raising equity capital quickly from institutional investors. Proceeds will fund capital expenditure and loan repayments. The company had previously…

The Economic Times · Jul 23

Adani Green shares tumble 5% after Q1 results. Here’s why Bernstein has an Underperform rating

Adani Green Energy shares fell on Thursday despite reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% year-on-year to Rs 845 crore and revenue increasing 16% to Rs 4,663 crore. Revenue from power supply jumped 29%, supported by robust operational performance and a 27% increase in operational…

The Economic Times · Jul 22

Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan Bank

Indian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significant profit growth, while Adani Total Gas saw a decline. Maruti Suzuki announced a price increase, and several companies will report quarterly results soon. Bandhan Bank and Indian Hotels also posted strong first-quarter…

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The Economic Times · Jul 21

Adani Energy Q1 Results: Profit zooms 124% YoY to Rs 1,149 crore; revenue jumps 42%

Adani Energy Solutions reported a 124 percent profit increase year-on-year. Revenue from operations also saw a substantial 42 percent rise during the quarter. Transmission and distribution segments drove this impressive financial performance. The smart meter business also demonstrated strong and notable growth. Overall expenses increased due to higher power purchase…

The Economic Times · Jul 21

MSCI India rejig: Eternal likely to see highest inflows at $648 mn; Lenskart, Groww among Nuvama’s expected inclusions

MSCI’s August India Standard Index review could trigger major passive inflows, with Eternal expected to attract the highest at $648 million, according to Nuvama. The brokerage sees Laurus Labs, Adani Energy Solutions, Lenskart and Groww among likely inclusions, while Balkrishna Industries, SBI Cards and Astral face potential exclusions.

The Economic Times · Jul 9

JioBlackRock Flexi Cap Fund exits Vedanta group companies after demerger, sells 8 more stocks

JioBlackRock Flexi Cap Fund exited Vedanta group companies following the demerger of the entities in June, according to monthly portfolio data from ACE MF. The fund sold 8.16 lakh shares each of Vedanta Aluminium Metal, Vedanta Iron and Steel, Vedanta Power, and Vedanta Oil and Gas after the demerged entities…

The Economic Times · Jun 11

Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 others

As rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational reset. The brokerage initiated coverage on JSW Energy with an ‘Outperform’ rating and a Rs 720 target, while assigning ‘Neutral’ ratings to Adani Power and Adani Energy Solutions. NTPC emerged as…

The Economic Times · Jun 9

Adani Energy buys IntelliSmart in Rs 3,050-cr deal, becomes India's largest smart metering platform

Adani Energy Solutions Ltd (AESL) has acquired IntelliSmart Infrastructure Pvt Ltd for Rs 3,050 crore, significantly expanding its smart metering platform to over 4.7 crore meters. This strategic move positions AESL as India's largest smart metering entity, bolstering its capabilities and supporting the modernization of the power distribution sector.

The Economic Times · Jun 9

Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platform

Adani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's largest smart metering platform with over 4.7 crore meters. IntelliSmart currently has a portfolio of over 2.2 crore smart meters. Adani Energy Solutions already has an order book of over 2.46…

The Economic Times · Jun 8

Adani Energy Solutions vs Power Grid Corp: Which stock is Jefferies betting on?

Jefferies remains bullish on both Adani Energy Solutions and Power Grid Corp but sees significantly stronger growth in AESL, driven by transmission expansion and smart metering. The brokerage expects AESL’s earnings growth to outpace Power Grid and believes improving valuations and execution momentum could support a potential re-rating.

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