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Thread: #Acchhedin: Adani Enterprises shares hit all-time high

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    SB Wizard Captain guy pearce's Avatar
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    Default #Acchhedin: Adani Enterprises shares hit all-time high

    Shares of Adani Enterprises Ltd hit an all-time high on Tuesday after the company fixed 4 June as a record date for the purpose of scheme of arrangement and demerger.
    In intra-day trading, it touched an all-time high of Rs.803.90 a share and rose as much as 2.2% from its previous close. Since 1 April till date, Adani Enterprises has risen 29.7% while year-to-date it has gained 64.66%.
    On 31 January, Mint reported that the company is considering separating its transmission business and spinning it off into a separate entity.
    According to the arrangement, the ports business of Adani Enterprises will be folded into Adani Ports and Special Economic Zone Ltd and all its power assets will be merged with Adani Power Ltd.
    The power transmission business will be run by Adani Transmissions Ltd, which the group plans to list on the BSE and the National Stock Exchange. The listing of Adani Transmissions, which has over 5,000 circuit kilometres of power lines in western, northern and central India, is expected to unlock value. Adani Mining Pvt. Ltd will be folded into Adani Enterprises.
    Shares of Adani Enterprises closed 0.82% higher at Rs.792.85 apiece. Adani Power declined 0.37% to Rs.40.20, while Adani Ports and Special Economic Zone Ltd rose 0.54% to Rs.345.05. The BSE benchmark Sensex fell 0.41% to 27,531.41 points.
    .......here we go again

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    SB Wizard Captain guy pearce's Avatar
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    5-7 saal pehle koi naam nahi jaanta tha is company ka.....fortune cooking oil banati thi sirf.....aur aaj ambani aur reliance ke takkar ka conglomerate hai!!!......jai ho feku baba ki.......zubaaan ke bhale hi kachche hon, parbhakton ka poora khayal rakhte hain!!
    .......here we go again

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    SB Wizard Captain guy pearce's Avatar
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    Make in India: Adani Group may foray into defence manufacturing at Mundra

    Gujarat-based edible oils-to-ports conglomerate Adani Group is quietly evaluating a foray into defence and aerospace production, the latest among big industrial groups eyeing a piece of what many believe to be a sunrise sector under the Modi regime with its accent on big defence spending dovetailed with its 'Make in India' drive.

    A clutch of Adani executives has been meeting representatives of large overseas defence companies to explore tieups for manufacturing a range of defence equipment, pitching the group's mainstay asset — the country's largest private port and SEZ at Mundra in Gujarat — with its sea and land linkages as a possible manufacturing location, at least five people familiar with the matter told ET.

    The discussions in some cases were led by Karan Adani, the elder son of billionaire group chairman Gautam Adani, these people said, requesting anonymity because of the sensitive nature of the discussions.

    The Adani Group, whose businesses span logistics, power generation, coal mining and gas distribution, declined comment, saying it "would not like to comment on the story" in response to a detailed questionnaire by ET.

    Last month, the group applied to the department of industrial policy & promotion (DIPP) for a licence to manufacture helicopters under a new entity — Adani Defence Systems & Technologies Ltd — that was registered in March this year.

    The Adani Group is the latest among large conglomerates to set its sights on the defence and aerospace sector, an area of huge potential given India's large needs and a shopping basket that has for some years bestowed it the status of one of the world's biggest spenders in this area.
    .......here we go again

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    SB MahaGuru Colonel dsocialdoctor's Avatar
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    Quote Originally Posted by guy pearce View Post
    Shares of Adani Enterprises Ltd hit an all-time high on Tuesday after the company fixed 4 June as a record date for the purpose of scheme of arrangement and demerger.
    In intra-day trading, it touched an all-time high of Rs.803.90 a share and rose as much as 2.2% from its previous close. Since 1 April till date, Adani Enterprises has risen 29.7% while year-to-date it has gained 64.66%.
    On 31 January, Mint reported that the company is considering separating its transmission business and spinning it off into a separate entity.
    According to the arrangement, the ports business of Adani Enterprises will be folded into Adani Ports and Special Economic Zone Ltd and all its power assets will be merged with Adani Power Ltd.
    The power transmission business will be run by Adani Transmissions Ltd, which the group plans to list on the BSE and the National Stock Exchange. The listing of Adani Transmissions, which has over 5,000 circuit kilometres of power lines in western, northern and central India, is expected to unlock value. Adani Mining Pvt. Ltd will be folded into Adani Enterprises.
    Shares of Adani Enterprises closed 0.82% higher at Rs.792.85 apiece. Adani Power declined 0.37% to Rs.40.20, while Adani Ports and Special Economic Zone Ltd rose 0.54% to Rs.345.05. The BSE benchmark Sensex fell 0.41% to 27,531.41 points.
    Quote Originally Posted by guy pearce View Post
    Make in India: Adani Group may foray into defence manufacturing at Mundra

    Gujarat-based edible oils-to-ports conglomerate Adani Group is quietly evaluating a foray into defence and aerospace production, the latest among big industrial groups eyeing a piece of what many believe to be a sunrise sector under the Modi regime with its accent on big defence spending dovetailed with its 'Make in India' drive.

    A clutch of Adani executives has been meeting representatives of large overseas defence companies to explore tieups for manufacturing a range of defence equipment, pitching the group's mainstay asset — the country's largest private port and SEZ at Mundra in Gujarat — with its sea and land linkages as a possible manufacturing location, at least five people familiar with the matter told ET.

    The discussions in some cases were led by Karan Adani, the elder son of billionaire group chairman Gautam Adani, these people said, requesting anonymity because of the sensitive nature of the discussions.

    The Adani Group, whose businesses span logistics, power generation, coal mining and gas distribution, declined comment, saying it "would not like to comment on the story" in response to a detailed questionnaire by ET.

    Last month, the group applied to the department of industrial policy & promotion (DIPP) for a licence to manufacture helicopters under a new entity — Adani Defence Systems & Technologies Ltd — that was registered in March this year.

    The Adani Group is the latest among large conglomerates to set its sights on the defence and aerospace sector, an area of huge potential given India's large needs and a shopping basket that has for some years bestowed it the status of one of the world's biggest spenders in this area.
    If you think any candle march will affect "Islamic Terrorism", you are fooling yourself, Kill them or be ready for next attack !!

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    SB Wizard Captain guy pearce's Avatar
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    kya hua bhai!?...finally adani walon ne naukri pe rakh liya kya!?
    Quote Originally Posted by dsocialdoctor View Post
    .......here we go again

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    SB MahaGuru Colonel dsocialdoctor's Avatar
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    Quote Originally Posted by guy pearce View Post
    kya hua bhai!?...finally adani walon ne naukri pe rakh liya kya!?
    If you think any candle march will affect "Islamic Terrorism", you are fooling yourself, Kill them or be ready for next attack !!

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    Red Baron Colonel mavvrick_111's Avatar
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    ab ronne se kya hoga guy pearce bhai jaan, pehle invest kar lete adani ke share mein to aaj paisewale ho gaye hote
    one of the greatest freedom is truly not caring what anyone else thinks of you.

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    Moderator Colonel gracefulguy's Avatar
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    Shares sabke badhe hain......in fact jisko Modi ka kareebi bataya jata hai.....Adani aur Ambani....unke sabse kam badhe hain.....Ambani's rise have been fractional.....Adani I guess 180%.........but if we look at other companies, some have shot up by 5-600%


    Lekin media ki nazar inhi dono pe hai.....
    "I'm always ready to learn although I do not always like being taught"

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    This information is born out of highly polarized mind. An business when started is small. Some grows at much faster peace than others and business is only activity where one need very high caliber. Job requires mediocre mind.

    BTW who invest most in stock markets and who matters in pricing of stocks? It is retail investors who matters the most. Adani stock rising Means common masso
    f India feels that acche din aye.

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    SB Wizard Captain guy pearce's Avatar
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    Aboriginal landowners throw fresh legal challenge to Adani Group's Carmichael coal project in Australia

    Australia's aboriginal landowners have filed a federal case challenging Adani Group's A$12.7 billion Carmichael coal mine project, adding to the woes of the Indian conglomerate that has been facing challenges in going ahead with the project.

    On Friday, the Wangan and Jagalingou (W&J) people, the traditional owners of the land, said they have vowed to stop the project, amounting to A$16.5 billion dollars, the biggest in Australian history. They said that if the project goes ahead the W&J's vast traditional lands and their ancient connection to country will "disappear" forever.

    "We have filed an appeal and judicial review in the federal court of Australia. This court action challenges the decision of Australia's National Native Title Tribunal that the Queensland government may issue mining leases for Carmichael," said W&J traditional owner and spokesperson Adrian Burragubba.

    "This challenge is unprecedented in the history of Native Title Tribunal decisions. If necessary, we will take our case all the way to the high court," he said. Responding to an ET query on this issue, Adani Group's Australia spokesperson said, "Adani is confident that the judgement of the National Native Title Tribunal (NNTT) will be upheld."





    The group also plans to make representation to potential financiers globally to stay away from the project.

    "We will communicate to the banks that we do not consent to Carmichael... We will remind them that any bank that funds Carmichael will be breaching important human rights principles to which they are signatory; principles requiring that projects that affect indigenous Owners have their consent. We'll urge them to honour their obligations and commit to ruling out funding," said Burragubba.

    The Adani Group spokesperson said, "The NNTT variously held that authorised representatives of the W&J are working with the company, the submissions of groups purporting to represent the whole group were not relevant, that the mine and other Adani projects would deliver substantial intergenerational economic benefits to the W&J, and that are sound and effective cultural heritage management plans for the site long since in place."

    The spokesperson further said, "It is unfortunate that NGOs who have deductible gift recipient status, narrowly with respect to their environmental activities have admitted to channelling funds to run a divisive campaign within the W&J group."

    The Adani Group, which acquired the mines in Australia to secure fuel supply for its power projects, needs to secure loans for the Carmichael mine and to build rail and port project. But various citizens groups and NGOs have been making representations to lenders not to finance the project citing the potential damage it could cause to Galilee Basin in the state of Queensland.
    .......here we go again

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    SB MahaGuru Colonel dsocialdoctor's Avatar
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    Quote Originally Posted by mavvrick_111 View Post
    ab ronne se kya hoga guy pearce bhai jaan, pehle invest kar lete adani ke share mein to aaj paisewale ho gaye hote
    isisliye to iske aache din kabhi nahi aayenge .............sirf rota rehta hai
    If you think any candle march will affect "Islamic Terrorism", you are fooling yourself, Kill them or be ready for next attack !!

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    SB Wizard Captain guy pearce's Avatar
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    acche din ke liye govt pe depend nahin rehta mein!.....its always good tmes here.
    Quote Originally Posted by dsocialdoctor View Post
    isisliye to iske aache din kabhi nahi aayenge .............sirf rota rehta hai
    .......here we go again

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    SB MahaGuru Colonel dsocialdoctor's Avatar
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    Quote Originally Posted by guy pearce View Post
    acche din ke liye govt pe depend nahin rehta mein!.....its always good tmes here.
    so technically you qulaify to vote Congress, as you dont need a good honest govt. Point taken.
    If you think any candle march will affect "Islamic Terrorism", you are fooling yourself, Kill them or be ready for next attack !!

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