What is the result of Adani Power?
New Delhi: Adani Power on Thursday posted Rs 218.49 crore consolidated net profit for December quarter 2021-22. The company incurred a loss of Rs 288.74 crore in the year-ago period, a BSE filing stated. Total income stood at Rs 5,593.58 crore in the quarter. It was Rs 7,099.20 crore in the same period a year ago.
Is Adani Power in debt?
First, while Adani Power and Adani Transmission’s debt, in rupee terms, declined during FY2021, the conglomerate’s aggregate debt increased by 12.6 per cent to ₹156,115 crore.
Why are Adani Power shares falling?
Why are Adani Group stocks falling? The reason behind the reversal of fortune was media reports that claimed that the National Securities Depository Ltd has frozen the accounts of three foreign funds that had invested heavily in Adani Group stocks.
Why is Adani Power going up?
Highlighting the fundamental reasons supporting Adani Power share price rally Ravi Singhal, Vice Chairman at GCL Securities said, “Adani Power shares are rising on two fundamental reasons — its investments in green energy sparking value buying and partial payments made by the Rajasthan and Maharashtra governments that …
Can we buy Adani Power share?
Yes,the shares of Adani Power are to be compulsorily traded in demat form. However,one can still hold the shares in physical form. .
Is Adani Power going to be delisted?
Adani Power Delisting August 07 2021Stock Market Trading Adani Power’s board of directors approved the voluntary delisting proposal in June by purchasing back shares at a price of 33.82 per share.
Which is better Tata Power or Adani Power?
Tata Power scored higher in 6 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and Positive Business Outlook. Adani Power scored higher in 2 areas: CEO Approval and % Recommend to a friend. Both tied in 1 area: Career Opportunities.
Is Tata Power a good buy now?
Tata Power | Buy | Target: Rs 245 Looking at the price action and the RSI readings, we expect a positive momentum in the stock and hence, it could resume its broader uptrend. Thus, short-term traders can look to trade with a positive bias and buy in the range of Rs 229-226 for a potential target of Rs 243-245.
What is future of Adani?
Analyst Future Growth Forecasts High Growth Earnings: ADANIPOWER’s is expected to become profitable in the next 3 years. Revenue vs Market: ADANIPOWER’s revenue (6.4% per year) is forecast to grow slower than the Indian market (12.7% per year).
What does Adani Power Ltd (APL) announce?
Ahmedabad, February 4 th, 2021: Adani Power Ltd. [“APL”], a part of the Adani Group, today announced the financial results for the quarter and nine months ended December 31 st, 2020. Performance during Q3 FY 2020-21 [1]
What is the total income of Adani Power for 9m FY21?
Total Comprehensive Income for 9M FY21 at Rs. 1,221 Crore vs loss of Rs. (-) 966 Crore for 9M FY20 Ahmedabad, February 4th, 2021: Adani Power Ltd. [“APL”], a part of the Adani Group, today announced the financial results for the quarter and nine months ended December 31st, 2020.
What is the abbreviation for Adani Power?
Ahmedabad, February 4th, 2021: Adani Power Ltd. [“APL”], a part of the Adani Group, today announced the financial results for the quarter and nine months ended December 31st, 2020.
What Gautam Adani said about the quarterly results of Adani?
Commenting on the quarterly results of the Company, Mr. Gautam Adani, Chairman, Adani Group said, “India has demonstrated its indomitable spirit by combating and restricting the toll of COVID-19 on its people and the economy.