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Adani Group back on expansion spree after robust growth, eyes $90 billion capex: Jefferies

The Adani Group saw an impressive 40 per cent EBITDA growth (year-on-year) in the financial year 2023-2024 (FY24), after its market capitalisation was hit by a short-seller report in late FY23, a Jefferies report has shown.During FY24, the .

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Jefferies Gives Buy Recommendations On Three Adani Stocks After Stellar FY24 Performance | Check Here

Jefferies highlighted that the Adani Group's EBITDA grew by 40% year-on-year to Rs 660 billion. Adani Power's EBITDA more than doubled due to capacity additions, higher volumes, increased merchant contributions, and lower imported coal prices. Other group companies saw EBITDA growth between 16-33%, with the exception of Adani Wilmar, which experienced a year-on-year decline., Companies News - Times Now

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Adani Green Energy: Snowcap Advisors raises red flag on EBITDA, project returns, funding; Find out more on 5 key concern areas - Market News

Adani Green Energy: Snowcap Advisors raises red flag on EBITDA, project returns, funding; Find out more on 5 key concern areas - Market News
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Adani Group profit jumps 55% in FY24; eyes $90 billion investment over next decade

Adani Group profit jumps 55% in FY24; eyes $90 billion investment over next decade
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Adani Group shares surge up to 14% today; all 10 stocks settled with gains

Stocks belonging to Adani Group surged up to 14 per cent during the trading session on Friday, but gave up their gains as the session ended for the trading.

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