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Most Adani Group firms hit lower circuit limit; Adani Ent, Adani Ports dive 25% intra-day

Adani surge helps indices break losing streak on eve of exit polls

Adani Group stocks surged up to 9% after brokerage Jefferies recommended buying shares of four companies within the conglomerate in Mumbai.

Australia: Mosman Oil and Gas announces EP 145 - Helium Project update

Mosman Oil and Gas, the hydrocarbon, helium and hydrogen exploration, development and production company, reports that Greenvale Energy, its farmin partner and Operator of the EP 145 project in the Amadeus Basin, has reported that approvals are on track for seismic acquisition to commence in August, allowing it to advance its high-potential helium project in central Australia.

Adani Group profit in FY24 up by 55% to ₹30,000 Crore

Jefferies Adani Group: Jefferies bullish on Adani Group on the back of a renewed expansion spree

Adani Group, rebounding from market losses caused by a US short seller report in early 2023, is now on an "expansion spree," aiming for a USD 90 billion capex over the next decade. Jefferies reports a 40% YoY EBITDA growth, with focus on debt containment and fresh funds. Various Adani companies witnessed significant developments, including acquisitions, power plant commissioning, and renewable energy capacity addition.