Adani Enterprises Ltd

KEI Industries (down 13%), Polycab India (down 9%), Dynamic Cables (down 6%), Finolex Cables (down 3.8%) and Havells India (down 3.6%) slumped. Traders anticipate increased competition and potential market share loss due to Adani's entry into the sector. Adani Enterprises, through its subsidiary Kutch Copper, formed a 50/50 partnership with Praneetha Ventures to launch PEL. It will focus on manufacturing and distribution of metal products, cables, and wires. PEL, based in Ahmedabad, is newly incorporated with an authorized and paid-up share capital of Rs 10 lakh. Shares of Adani Enterprises were up 0.47% at Rs 2332. Powered by Capital Market - Live

Praneetha Ecocables (PEL) will focus on manufacturing, marketing, distribution, buying and selling of metal products, cables and wires. PEL is a newly incorporated company registered in Ahmedabad, India, and is yet to commence business operations. PEL has an authorized and paid-up share capital of Rs 10 lakh. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. The company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. Shares of Adani Enterprises shed 0.05% to Rs 2,320 on the BSE. Following the announcement, shares of other wire makers slumped on fears of increased competition. Shares of KEI Industries fell by 13.31%, Polycab India dropped 9.19%, Havells India saw a 3.85% decrease, and other peers like RR Kabel and Finolex Cables declined by 1.83% and 3.97%, respectively. Powered by Capital Market - Live

Adani Enterprises Ltd is up for a third straight session in a row. The stock is quoting at Rs 2231.9, up 4.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73855.47, up 1.19%. Adani Enterprises Ltd has dropped around 3.48% in last one month. Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has dropped around 2.82% in last one month and is currently quoting at 8347.75, up 3.02% on the day. The volume in the stock stood at 7.65 lakh shares today, compared to the daily average of 15.67 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 2237.05, up 3.78% on the day. Adani Enterprises Ltd is down 30.99% in last one year as compared to a 0.46% fall in NIFTY and a 4.14% fall in the Nifty Metal index.The PE of the stock is 97.05 based on TTM earnings ending December 24.Powered by Capital Market - Live

Berger Paints India Ltd, Coforge Ltd, Kotak Mahindra Bank Ltd, Vardhman Textiles Ltd are among the other stocks to see a surge in volumes on BSE today, 05 March 2025.Adani Enterprises Ltd saw volume of 85.02 lakh shares by 10:47 IST on BSE, a 123.09 fold spurt over two-week average daily volume of 69069 shares. The stock increased 3.83% to Rs.2,229.00. Volumes stood at 36580 shares in the last session.Berger Paints India Ltd notched up volume of 13.06 lakh shares by 10:47 IST on BSE, a 41.53 fold spurt over two-week average daily volume of 31458 shares. The stock slipped 0.19% to Rs.480.50. Volumes stood at 22830 shares in the last session.Coforge Ltd saw volume of 61969 shares by 10:47 IST on BSE, a 4.53 fold spurt over two-week average daily volume of 13684 shares. The stock increased 8.92% to Rs.7,846.60. Volumes stood at 6802 shares in the last session.Kotak Mahindra Bank Ltd witnessed volume of 2.57 lakh shares by 10:47 IST on BSE, a 4.17 times surge over two-week average daily volume of 61676 shares. The stock increased 1.03% to Rs.1,928.35. Volumes stood at 41907 shares in the last session.Vardhman Textiles Ltd witnessed volume of 18645 shares by 10:47 IST on BSE, a 2.74 times surge over two-week average daily volume of 6810 shares. The stock increased 1.10% to Rs.390.05. Volumes stood at 12987 shares in the last session.Powered by Capital Market - Live

Adani Enterprises Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2117.85, down 0.71% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22575.95. The Sensex is at 74514.31, down 1.06%.Adani Enterprises Ltd has lost around 6.28% in last one month.Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has increased around 3.25% in last one month and is currently quoting at 8609.7, down 1.79% on the day. The volume in the stock stood at 6.19 lakh shares today, compared to the daily average of 14.8 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 2114.45, down 1.05% on the day. Adani Enterprises Ltd tumbled 36.36% in last one year as compared to a 2.05% rally in NIFTY and a 6.07% spurt in the Nifty Metal index.The PE of the stock is 96.54 based on TTM earnings ending December 24.Powered by Capital Market - Live

Adani Road Transport, a wholly owned subsidiary of Adani Enterprises, has incorporated a wholly owned subsidiary namely, Indore Gujarat Road on 15 February 2025. The newly incorporated entity will carry out infrastructure related business. Powered by Capital Market - Live

The domestic equity indices saw healthy gains on Thursday, extending their upward trend for the third consecutive session as investors look ahead to the Union Budget 2025, anticipating growth-supportive policies in line with fiscal prudence. Investors assessed the U.S. Federal Reserve's decision to keep interest rates unchanged at 4.25'4.5%. The Nifty ended near the 23,250 mark. The barometer index, the S&P BSE Sensex, rallied 226.85 points or 0.30% to 76,759.81. The Nifty 50 index added 86.40 points or 0.37% to 23,249.50. In three consecutive trading sessions, the Sensex and Nifty added by 1.85% and 1.84%, respectively. In the broader market, the S&P BSE Mid-Cap index shed 0.04% and the S&P BSE Small-Cap index rose 0.02%. The market breadth was strong. On the BSE, 2,139 shares rose and 1,808 shares fell. A total of 127 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 6.70% to 17.39. Among the sectoral indices, the Nifty Realty index (up 1.78%), the Nifty Oil & Gas index (up 1.55%) and the Nifty Healthcare index (up 1.29%) outperformed the Nifty 50 index. Meanwhile, the Nifty Consumer Durables index (down 1.84%), the Nifty Media index (down 1.21%) and the Nifty IT index (down 1.14%) underperformed the Nifty 50 index. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 0.04% to 6.794 as compared with the previous close of 6.791. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.6325, compared with its close of 86.5575 during the previous trading session. MCX Gold futures for 5 February 2025 settlement gained 0.78% to Rs 80,960. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.11% to 108.07. The United States 10-year bond yield fell 0.58% to 4.507. In the commodities market, Brent crude for March 2025 settlement declined 18 cents or 0.24% to $76.40 a barrel. Stocks in Spotlight: Adani Enterprises slipped 2.85% after the company's consolidated net profit tanked 96.93% to Rs 57.83 crore in Q3 FY25 as against Rs 1,888.45 crore reported in Q3 FY24. Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. Bajaj Finserv's consolidated net profit increased 3.4% to Rs 2,231 crore on a 10.34% rise in total income to Rs 32,041.81 crore in Q3 FY25 over Q3 FY24. Bharat Electronics (BEL) advanced 4.38% after the company's standalone net profit surged 47.33% to Rs 1,316.06 crore on 39.15% rise in revenue from operations to Rs 5,756.12 crore in Q3 FY25 over Q3 FY24. Tata Motors slipped 7.37% after its consolidated net profit declined 22.41% to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24. Adani Ports and Special Economic Zone (APSEZ) fell 1.86%. The company's consolidated net profit jumped 14.12% to Rs 2,520.26 crore on 15.07% rise in revenue from operations to Rs 7,963.55 crore in Q3 FY25 over Q3 FY24. Bajaj Finance rallied 2.36% after the company's consolidated net profit jumped 18% to Rs 4308 crore in Q3 FY25 as compared with Rs 3,639 crore in Q3 FY24. Net interest income (NII) increased 23% YoY to Rs 9,382 crore in Q3 FY25. Hitachi Energy India hit an upper circuit of 20% after the company's standalone net profit stood at Rs 137.28 crore in Q3 FY25, steeply higher than Rs 22.97 crore in Q3 FY24. Revenue from operations jumped 27.16% to Rs 1,620.27 crore in Q3 FY25 as compared with Rs 1,274.20 in Q3 FY24. Whirlpool of India hit the lower circuit of 20% after the company's parent, Whirlpool Corporation, announced its intention to sell a 20% stake in the company by mid-to-late 2025 by way of one or more market sales. SRF gained 5.76% after the specialty chemical maker's consolidated net profit rose 6.96% to Rs 271.08 crore on 14.36% increase in total revenue from operations to Rs 3,491.31 crore in Q3 FY25 over Q3 FY24. Info Edge (India) added 2.17% after the company informed that its board will meet on Wednesday, 5 February 2025, to consider the subdivide or split of its existing equity shares with a face value of Rs 10 each. Ifb Agro Industries rallied 6.17% after the company reported consolidated net profit of Rs 11.28 crore in Q3 FY25, compared with net loss of Rs 5.05 crore posted in Q3 FY24. Aarti Drugs advanced 2.42% after the pharmaceutical company's consolidated net profit rose 1.04% to Rs 37.05 crore in Q3 FY25, compared with Rs 36.67 crore recorded in Q3 FY24. Brigade Enterprises added 2.53% after the company reported a consolidated net profit of Rs 236.2 crore in Q3 FY25, which is more than 3 times the PAT of Rs 73.5 crore posted in Q3 FY24. Revenue rose by 27% YoY to Rs 1,529.7 crore during the period under review. Olectra Greentech soared 7.31% after the company's consolidated net profit rallied 71.68% to Rs 46.32 crore on 50.62% rise in revenue to Rs 515.36 crore in Q3 FY25 over Q3 FY24. Global Markets: The US Dow Jones index futures were currently up by 163 points, signaling a positive opening for US stocks today. European shares advanced on Thursday as investors await key earnings, economic data and the European Central Bank's latest monetary policy decision. Markets in Japan and Australia ended mixed, breaking ranks with Wall Street that fell overnight as the Federal Reserve kept interest rates unchanged. Several Asia-Pacific markets were closed for the Lunar New Year holiday. Recent data released by the Australian Bureau of Statistics showed that Australia's export price index climbed 3.6% in the fourth quarter of 2024, but fell 8.6% through the year. Its import price index rose 0.2% in the same quarter but fell 1.9% through the year. These indexes reflect the changes in prices of imports into and exports from the country. Overnight in the U.S., benchmark indexes fell after the Federal Reserve left interest rates unchanged in its first policy decision of the year on Wednesday. The S&P 500 slid 0.47% to close at 6,039.31, while the Nasdaq Composite lost 0.51% to end at 19,632.32. The Dow Jones Industrial Average shed 136.83 points, or 0.31%, to 44,713.52. IPO Update: The initial public offer (IPO) of Dr. Agarwals Health Care received bids for 2,11,22,360 shares as against 5,35,26,172 shares on offer, according to stock exchange data at 15:27 IST on 30 January 2025. The issue was subscribed to 0.06 times. The issue opened for bidding on 29 January 2025 and it will close on 31 January 2025. The price band of the IPO is fixed between Rs 382 and Rs 402 per share. An investor can bid for a minimum of 35 equity shares and in multiples thereof.Powered by Capital Market - Live

Revenue from operations declined 8.78% to Rs 22,848.42 crore in Q3 FY25 from Rs 25,050.23 crore recorded in the same period a year ago. EBIDTA for the quarter stood at Rs 3,716 crore, marginally down 0.18% from Rs 3,723 crore posted in Q3 FY24. Cash Accruals tumbled 59% YoY to Rs 2,679 crore in Q3 FY25. During the quarter, Adani Airports handled 22.7 million passengers, 15,23,000 air traffic movements (ATM) (up 5% YoY), and cargo stood at 2.5 lakh metric tons. In the Adani New Industries (ANIL) Ecosystem business, solar manufacturing module sales record 3.3 GW during nine months on the back of export growth of 20% and domestic sales increase of 176%. EBITDA margins continue to rise on account of improved realization and operational efficiency through integrated production of cell and module line. In the Data Center business, construction of the Noida Data Center completed around 99% of 50 MW of core & shell and 10 MW of MEP. Phase I of the Hyderabad data center is now operational, with a capacity of 9.6 MW. In Pune, Data Center I is 59% complete, and Data Center II is 73% complete for their respective Phase I (9.6MW). Under Adani Airports Holdings, the company added 14 new routes, 4 new airlines, and 9 new flights during the quarter. Additionally, Navi Mumbai Airport successfully conducted its first commercial flight validation test, moving closer to becoming fully operational. On a nine-month basis, the company's consolidated net profit jumped 16.62% to Rs 3,254.08 crore on 5.48% rise revenue from operations to Rs 70,928.89 crore in 9M FY25 over 9M FY24. EBIDTA for the 9MFY25 stood at Rs 12,377 crore, up 29% from Rs 9,591 crore posted in 9M FY24. This growth was driven by the continued strong operational performance of the ANIL ecosystem and airports. Gautam Adani, chairman, Adani Group, said, This exceptional nine-month performance underscores Adani Enterprises position as a powerhouse for nurturing transformative infrastructure and energy transition sectors. Strong growth across our incubating businesses, from energy transition to logistics and adjacencies, highlights the immense potential of our core plus portfolio. T These results are a testament to our focus on execution, operational excellence, innovation, and sustainability as we continue to set new benchmarks across sectors. With each milestone, AEL reaffirms its commitment to creating long-term value for its stakeholders while contributing to India's progress and global competitiveness. Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure. Powered by Capital Market - Live

Net profit of Adani Enterprises declined 96.94% to Rs 57.83 crore in the quarter ended December 2024 as against Rs 1888.45 crore during the previous quarter ended December 2023. Sales declined 8.79% to Rs 22848.42 crore in the quarter ended December 2024 as against Rs 25050.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales22848.4225050.23 -9 OPM %13.4412.88 - PBDT1581.213119.42 -49 PBT575.562359.56 -76 NP57.831888.45 -97 Powered by Capital Market - Live

Adani Enterprises will hold a meeting of the Board of Directors of the Company on 30 January 2025.Powered by Capital Market - Live