Adani group flagship Adani Enterprises had rallied 11.89 per cent to hit a high of Rs 2,232. Adani Power Ltd jumped 7.76 per cent to Rs 145. Adani Green Energy Ltd soared 12.87 per cent to Rs 951.35.
Among the energy sector names, Adani Total Gas and Adani Green Energy have both declined 35% from their highs recorded in September 2025.
Adani Green Energy Ltd plunged 13.06 per cent to hit a low of Rs 786.20. Adani Energy Solutions Ltd plunged 10 per cent to Rs 832.50. Adani Power Ltd declined 5.79 per cent to Rs 132.65.
A contract worth Rs 2,770 crore has been signed for over 4.25 lakh CQB Carbines, along with accessories, for the Indian Army and Navy. The deal has been awarded to Bharat Forge Ltd and PLR Systems Pvt Ltd.
Bharti Airtel, the Bharti Group star, secured the second spot, adding Rs 3.5 lakh crore to investor wealth, primarily led by a 36% contribution from its telecom business.
On Wednesday, the AEL stock was trading 0.36 per cent higher at Rs 2,256. The Adani stock is down 8.9 per cent in 2025 so far.
The stocks that saw the biggest EPS cuts included InterGlobe Aviation (11.2 per cent), Trent (7.1 per cent), Kotak Mahindra Bank (6.1 per cent), Power Grid (3.8 per cent) and Grasim (3 per cent).
At the current market price, AEL traded at 18 times FY28 estimated EV/Ebitda. Ventura reiterated a 'Buy' rating with a sum-of-the-parts-based 24-month target price of Rs 3,433, implying 23.6 times FY28 EV/Ebitda.
The offer is open to all eligible shareholders, with promoter groups -- holding about 74 per cent in the company -- set to subscribe to their entitlement.
The auto major has announced a recall of 39,506 units of its Grand Vitara sport utility vehicle (SUV). Maruti Suzuki stated that vehicles manufactured between December 9, 2024, and April 29, 2025, are part of the recall.
Adani Enterprises has disclosed the details of its Rs 24,930 crore rights issue, pricing each rights equity share at Rs 1,800.
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