• Source:PTI
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Adani Group Stocks:  Adani Group shares were in the news, with Adani Enterprises, Adani Total Gas, and Adani Power each rising more than 5%. The shares of Adani Enterprises, the flagship company of the group led by billionaire Gautam Adani, rose 5.43% on the BSE. Adani Total Gas stock climbed 5.50 percent, Adani Power 5.49 percent, Adani Green Energy 4.34 percent, and ACC 4.17 percent.

Shares of Ambuja Cements increased by 3.90 percent, Adani Energy Solutions by 3.07 percent, Adani Wilmar (by 2.20 percent), Adani Ports (by 1.89 percent), and NDTV (1.87 percent).

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The total market valuation of all 10 listed companies stood at Rs 15,86,018.55 crore. On the equity market, the 30-share BSE Sensex closed at 73,104.61, up 328.48 points or 0.45 percent. The NSE Nifty rose 113.80 points or 0.51 percent to 22,217.85. Adani Enterprises Ltd (AEL) intends to spend Rs 80,000 crore on diverse businesses in the current fiscal year, ranging from new energy to airports and data centers, a senior company official said.

A large portion of the capital expenditure planned for the fiscal year 2024-25 (April 2024 to March 2025) will be on new energy businesses and airports, Saurabh Shah, deputy chief financial officer of AEL, said in an analyst call, a copy of which was released yesterday. The company was done.

"We are looking at a capex of about Rs 80,000 crore in FY25, out of which a major part...will go in ANIL and airports business which take up about Rs 50,000 crore of capex," he said.

(With PTI's Input)

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