Page 57 - Acc News Today

Adani group has been concentrating on improving operational performance as a comeback strategy after being hit by a damning report of a US short-seller in January this year.

A total of 7,237 shares changed hands on the counter till 12:18PM (IST)

Reliance Industries (RIL) plans to commission the first phase of its 20 GW solar photovoltaic giga factory in Jamnagar by March 2024. The factory will be commissioned in four phases of 5 GW each, and after the first phase, it will be scaled up to 10 GW and then to 20 GW by 2026.

Strong operational performance helped boost the groups net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the groups cement entities acquired after the first quarter of FY23.

A total of 4,680 shares changed hands on the counter till 10:46AM (IST)

Meanwhile, Worldwide Emerging Market Holding, part of the promoter group, offloaded a 1.2% stake. Another promoter entity Afro Asia Trade and Investments sold its entire stake in the deal. The promoter group entities together sold about 8.1% stake in Adani Power, bulk deals data further showed.

A Dhaka court has sentenced Shahed Karim, chairman of Regent Hospital, to three years in jail in a graft case filed by the Anti-Corruption Commission.

Former Florida State quarterback Drew Weatherford believes is it not a matter of if, but "a matter of when and how" his alma mater leaves the ACC.

Nykaa, HDFC AMC, Indus Towers, Page Industries and ACC have been excluded from Nifty Next50 in the latest revision of various NSE indices.

A total of 5,812 shares changed hands on the counter till 11:37AM (IST).