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Adani Enterprises Q4 Results: Cons PAT declines 38% YoY to Rs 451 crore

Adani Enterprises Q4 Results: The company s board has recommended a dividend of Rs 1.30 per equity share for the financial year 2023-24. The consolidated revenue from operations for the reporting quarter stood at Rs 29,180 crore, marginally up by 0.81%. ....

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Jefferies initiates 'buy' call on Adani Enterprises with ₹3,800 target price

“We expect AEL s EBITDA to double from FY23 to FY26 and grow 3x+ by FY28,” said brokerage firm Jefferies. ....

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budget impact on markets: Infrastructure stocks mixed as Budget lives up to Dalal Street expectations

Analysts had expected government capex to further increase by 10-15% for FY25. In FY24, the government had pegged a capex target of Rs 10 lakh crore. Of the total outlay for FY25, the government has allocated Rs 2.78 lakh crore for the road transport and highways ministry, and Rs 2.55 lakh crore for railways. ....

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Adani Enterprises Q3 Results: Net profit soars 130% YoY to Rs 1,888 crore

Adani Enterprises Q3 Results: The company s revenue from operations increased 6% YoY to Rs 28,336 crore in the reporting period, compared with Rs 26,612 crore in the corresponding quarter of the previous year. Consolidated EBIDTA for the quarter soared 89% to Rs 3,717 crore against Rs 1,968 crore in the year-ago quarter. ....

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Adani Enterprises, Adani Ports, other group stocks rally up to 6%

The rise in Adani stocks follows a report which said the conglomerate is in talks with global private equity firms and Indian banks to raise up to $3 billion ....

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