A majority of the Adani Group corporations additionally ended within the inexperienced
New Delhi:
Shares of Adani Energy climbed over 2 per cent on Thursday after US-based boutique funding agency GQG Companions together with different buyers purchased an 8.1 per cent stake within the firm for over Rs 9,000 crore (USD 1.1 billion).
The inventory gained 2.58 per cent to settle at Rs 286.50 on the BSE. Through the day, it climbed 3.27 per cent to Rs 288.45.
On the NSE, it climbed 2 per cent to finish at Rs 285.55 apiece.
Majority of the group corporations additionally ended within the inexperienced. Adani Ports jumped 4.47 per cent, Ambuja Cements climbed 1.91 per cent, Adani Enterprises gained 1.45 per cent, NDTV (1.26 per cent), ACC (0.64 per cent) and Adani Transmission (0.42 per cent).
GQG Companions together with different buyers on Wednesday purchased an 8.1 per cent stake in Adani Energy Ltd for over Rs 9,000 crore.
GQG Companions and different buyers purchased 31.2 crore shares of Adani Energy in a block deal — one of many largest ever secondary market fairness transactions — inventory market knowledge confirmed.
Adani Energy is the fourth agency of the ports-to-energy conglomerate the place GQG has invested since Might.
Promoter Adani household, which held 74.97 per cent within the agency, bought 31.2 crore or an 8.1 per cent stake at a median value of Rs 279.17 per share.
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