Jun 15, 2021By: Rounak Jain
After all six of its stocks registered a massive fall on June 14, the Adani Group shares will once again be in focus today.
Notably, the Adani Group, NSDL and one of the foreign investment funds, Albula Investment have clarified that their accounts were not frozen, contrary to media reports.
As of 11 am, five out of six listed Adani Group shares were in the red. Adani Enterprises was the only share in the green.
Shares of the beleaguered retail company continued to be locked in the upper circuit yet again.
It reported a marginal decline of 1.1 percent in its net profit to ₹4,587 crore in the March 2021 quarter. Revenue declined to ₹24,511 crore from ₹25,597 crore a year ago.
The online travel company will announce its March 2021 quarter results today.
Easy Trip Planners, Jubilant Foodworks, LIC Housing Finance, Lemon Tree Hotels, Spencers Retail, Power Finance Corporation, Whirlpool of India.
It has partnered with US-based Ennaid Therapeutics to produce an oral medication for the treatment of mild and asymptomatic COVID-19 infection.
One of its promoters, AION Investments will sell 9.94 crore shares, which is 21.18 percent of the company’s total equity, at a price of ₹27 per share. This will be done via offer for sale.
It has allotted 5,000 non-convertible debentures of ₹10 lakh each, totaling to ₹500 crore, on a private placement basis.
Banking company stocks will be in action after retail inflation numbers surged to 6.3 percent in May from 4.23 percent in April.
It has resumed production at its Zuarinagar plants in Goa after shutting them down due to damage caused by cyclone Taukte.