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Over the past two trading days, Adani Group shares have soared by 31%, driven by anticipation of a stable government in India after the 2024 general election
The issue price for the QIP is expected to be set at a discount to the Securities and Exchange Board of India (SEBI) floor price
According to the CEO, India's 7% yearly growth in electricity demand is outpacing growth in other economies.
These T&D orders have bolstered company's order book in India, Latin America, Africa, and Sweden.
Petrol and Diesel prices in cities across India on 05-12-2023
In January 2024, Maruti Suzuki, Mahindra & Mahindra, and Audi India also revealed their intentions to raise the costs of their passenger cars.
Sales of entry-level mini cars (Alto and S-Presso) dropped to 9,959 units, down 45.43% from 18,251 units in November 2022.
The deal comes as the Indian government increases its scrutiny of Chinese investments in the face of rising geopolitical concerns.
Investors with very high risk appetite and want to invest for 5 years to diversify their portfolio in Manufacturing companies stocks should invest in Axis India Manufacturing Fund.
Petrol and Diesel prices in cities across India on 01-12-2023