Gautam Adani and his nephew Sagar have agreed to pay $18 million in total to settle US Securities and Exchange Commission allegations that they made false and misleading statements about Adani Green Energy Ltd. The proposed deal—$6 million from Gautam and $12 million from Sagar—must still be approved by a judge. Separately, the US Justice Department is reportedly seeking to drop fraud charges in a parallel criminal case, which could help clear the way for Adani’s return to international capital markets.
Adani Green Energy and four other BSE 100 LargeMidcap TMC stocks reached fresh 52 week highs, even as the broader market stayed weak. The rally has pushed gains up to about 48% over the past month, with Adani Green joining leaders such as Polycab and Nestle India in the standout momentum.
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Seven BSE largecap stocks surged to fresh 52-week highs, riding a broader market rally that lifted prices by as much as 50% over the past month. Adani Green and Adani Power led the move alongside Nestle India and other majors, highlighting strong momentum and investor appetite in largecap space.
Adani Green Energy Limited plans to invest around ₹42,000 crore in FY27, targeting nearly 5 GW of new clean energy capacity. The company reported the highest annual greenfield renewable additions globally outside China in FY26 and now has an operational portfolio of 19.3 GW. It is also stepping up investments in energy storage solutions to strengthen future output and reliability.
Adani Green Energy plans to invest Rs 15,000 crore in FY27 to add over 10 gigawatt-hours of battery storage. Built alongside its renewable energy park in Khavda, Gujarat, the storage is designed to supply power during peak demand and smooth the intermittency of renewables—effectively helping clean energy run closer to round-the-clock.
Adani Green Energy reported strong March quarter performance, with consolidated PAT rising 34.3% year-on-year to Rs 514 crore. Revenue from operations increased 16% as the company added 5.1 GW of new capacity. Operational capacity also expanded to 19.3 GW, signaling rapid scale-up as profitability accelerates alongside growth.
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Adani Green, Ixigo, Paytm and other heavyweight stocks saw sharp, unusual moves on Friday as markets slipped under broad-based selling. While the overall sentiment weakened, investors rotated toward select shares, driving notable gains and losses across the spotlight watchlist. The day underscored how quickly trading momentum can diverge from the market trend.
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