Vestas cut its 2021 outlook on Wednesday in response to higher costs and supply constraints, sending its shares down, as the world's biggest wind turbine maker reported second-quarter operating profits that fell short of forecasts.
Shares of debt-laden China Evergrande Group jumped on Wednesday after it confirmed that it is in talks to sell certain assets, as the move could ease cashflow pressure amid market speculation over a potential restructuring.
2 Min Read
BENGALURU, June 14 (Reuters) - Indian shares fell further from their opening levels on Monday as Adani Ports SEZ and financials stocks weighed, with investors awaiting consumer price inflation data (CPI) for May due later in the day.
The blue-chip NSE Nifty 50 index slipped 0.48% to 15,722.85 and the benchmark S&P BSE Sensex lost 0.38% to 52,282.87 by 0457 GMT.
“We are seeing a downtick in the market as news related to Adani group stocks weighed on the sentiment. There is also some profit-taking after the market has had a one-way run-up in the previous sessions,” said Ajit Mishra, vice president of research at Religare Broking.
Primafrio is targeting a valuation of up to 1.7 billion euros ($2 billion) following a planned listing of a 25% stake in the Spanish logistics operator, it said on Thursday, in what would be the third market listing in Spain this year.