Adani Energy Solutions Ltd

(ADANIENSOL)

Adani Energy Solutions Faces Index Exclusion and Expands in Kenya - 08 Nov, 2024

Adani Energy Solutions shares dropped 10.4% after MSCI excluded it from the Global Standard Index. The company also established a subsidiary in Kenya for power transmission projects.

Adani Energy Solutions Faces Major Stock Decline - 07 Nov, 2024

On November 7, Adani Energy Solutions shares fell significantly after MSCI excluded the stock from its Global Standard Index, citing free float concerns and regulatory issues. The stock tumbled over 9% during intraday trading, reflecting investor apprehension amid ongoing scrutiny from SEBI.

Adani Energy Solutions Reports Strong Financial Growth - 02 Nov, 2024

Adani Energy Solutions, formerly Adani Transmission, shows a 68.3% revenue increase in Q2 FY25, with net profit rising 171.3%. The company plans to raise Rs 20 bn through non-convertible debentures. Despite high P/E and P/BV ratios, financials are improving, though RoE and RoCE are declining.

Adani Energy Faces SEBI Scrutiny Amid New Contracts - 29 Oct, 2024

Adani Energy Solutions is under scrutiny from SEBI for alleged misclassification of shareholders while securing significant contracts, including a Rs 117.74 crore project with Jyoti Structures.

SEBI Issues Notice to Adani Energy Solutions - 26 Oct, 2024

SEBI has issued a show-cause notice to Adani Energy Solutions for allegedly misclassifying certain investors as public shareholders, violating minimum shareholding norms. This follows serious allegations from Hindenburg Research, which the Adani Group has denied.

Adani Energy Solutions Faces Legal and Regulatory Challenges - 25 Oct, 2024

Adani Energy Solutions is under scrutiny from SEBI for investor categorization, leading to a significant drop in shares. Additionally, a $736 million deal in Kenya is halted by the High Court due to legal issues, raising concerns about project transparency.

Adani Energy Faces Regulatory Scrutiny Amid Profit Growth - 23 Oct, 2024

Adani Energy Solutions received a SEBI notice for wrongful investor categorization while reporting a strong recovery in Q2 FY24 with significant profit growth. However, shares fell nearly 3% due to declining EBITDA margins despite a 19% increase in EBITDA.

Adani Energy Solutions Reports Strong Earnings Amid Regulatory Scrutiny - 22 Oct, 2024

Adani Energy Solutions reported a significant 172% increase in Q2 FY25 net profit to Rs 773 crore, driven by strong revenue growth. However, shares fell 1.7% following a SEBI show-cause notice regarding investor categorization issues.

Adani Energy Solutions Acquires Transmission Projects - 16 Oct, 2024

Adani Energy Solutions has acquired Jamnagar and Navinal Transmission projects from PFC Consulting for ₹38.4 crore, boosting its stock by 3.4%. The acquisitions aim to enhance power transmission in Gujarat.

Adani Energy Solutions Expands with Acquisitions and Q2 Update - 15 Oct, 2024

Adani Energy Solutions Ltd reported a significant increase in its project pipeline and announced the acquisition of two special purpose vehicles for Rs 38 crore, enhancing its power network in Gujarat. The company maintains strong operational metrics, including a robust system availability of 99.7% in Q2 FY25.

Adani Energy Solutions Expands Pipeline and Secures Kenyan Deal - 14 Oct, 2024

Adani Energy Solutions shares rose 1% following a $736 million agreement with Kenya for transmission infrastructure. The company also reported a significant increase in its project pipeline to Rs 27,300 crore.

Adani Energy Secures Major Power Project in Kenya - 11 Oct, 2024

Adani Energy Solutions Ltd has signed a $736 million agreement with Kenya for the construction and operation of key electricity transmission lines over 30 years, aiming to improve the country's power infrastructure without financial burden on the government.