Adani Group stocks in focus post Mumbai Int’l Airport deal; GVK Power up 5%

Adani Group shares rallied on Monday soon after the group acquired a seventy four for each cent stake in Mumbai Global Airport Constrained (MIAL), which operates India’s next-premier airport in Mumbai. Less than the transaction, Adani Group will obtain fifty.five for each cent stake of GVK group. In addition, Adani will also obtain 23.five for each cent stake of minority partners Airport Corporation of South Africa (ACSA) and Bidvest. ACSA and Bidvest keep 10 and thirteen.five for each cent stake respectively in MIAL. Click on Here TO Go through Comprehensive REPORT

Write-up the progress, all the Adani Group shares were being trading in the environmentally friendly. Adani Ports surged more than five for each cent to Rs 378.45 against Friday’s shut of Rs 359.sixty. Adani Enterprises, on the other hand, was trading nearly 1 for each cent larger at Rs 290.fifty. Adani Electric power was up more than three for

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