Kutch Copper, a subsidiary of group's flagship firm Adani Enterprises Ltd, "commissioned the first phase" of $1.2 billion "greenfield copper refinery by dispatching the maiden batch of cathodes to customers", the company said in a statement.
The shares of Adani Group listed companies fell on Monday with Adani Enterprises dipping 5.28 per cent to Rs 1777.40 after reports came out suggesting that the conglomerate has suspended a Rs 34,900 crore petrochemical project at Mundra in Gujarat to focus on resources to consolidate operations and address investor concerns following a damning report by Hindenburg Research. aaa
Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling, thereby beating its own milestone. It took 329 days to reach the milestone, as compared to last year s 354 days. The ports business of Adani Goup has registered growth since it started operations over two decades ago and continues to outperform all India cargo volume growth, with its market share rising rapidly. aaa