CLOSE X
Algo Trading
Home

Blogs

Stock Market Blogs

Why Adani power share price is falling? November 11 2021Adani group, Adani power share prices fall

Visit Count: 13367

Why Adani power share price is falling?

For the September 2021 quarter, Adani group recorded a combined net loss of Rs 230.60 crore, due to lesser revenues. According to a BSE report, the company's consolidated net profit for the quarter ended September 30, 2020 was Rs 2,228.05 crore.

" The company faced a total comprehensive loss after tax of (-) Rs 239 crore for Q2 FY2021-22, compared to an income of Rs 2,216 crore for Q2 FY2020-21, this was due to a massive role of one-time items to post-tax profit in Q2 of the previous year" the company said in a statement.

The company's overall income for the quarter was Rs 5,571,76 crore, down from Rs 8,792,28 crore a year before.

According to the company, greater one-time revenue recognition of Rs 3,233 crore in the second quarter of the previous year was due to different regulatory directives.

Why are Adani Group's stock prices falling?

The media reports stating that the National Securities Depository Ltd (NSDL) had frozen the accounts of three foreign entities that had made big investments in Adani Group shares were the trigger for the twist of events.

While the National Securities Depository Ltd has denied such allegations, multiple reports have shown that they are accurate. Since then, four of the Adani Group's firms have lost more than Rs 43,500 crore.

Fall in Adani's wealth

Gautam Adani's fortune has been harmed by the collapse in the share prices of the Adani Group firms. His net worth was reported to be approximately $7,590 crores as of October 2021.

The Adani Group's Adani Power Ltd (APL) is India's largest private thermal power station.

Apart from a 40-MW solar power plant in Gujarat, the firm has a total installed thermal power capacity of 12,410 megawatts (MW) split over six power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh. Adani Power is on track to meet its development potential, thanks to a world-class team of professionals in every aspect of power.

The firm is using technology and creativity to help India become a power-surplus nation, with high-quality, low-cost electricity for everybody.

Also read - Adani Power Delisting

Popular stocks - 

SBI share price Tata Steel Share Price ITC Share Price DLF share price HDFC bank share price

7COMMENTS
  • omkar31/05/2022 at 05:05 PMdont worry keep it for long term ....

  • ??? kumar Jaiswal12/05/2022 at 11:05 AM???? ???? ?? ?????? ???? ??? ??? ??

  • Aditya samadhiya11/05/2022 at 11:05 AMAdani share power kyo gir raha haior kitne rupye to girega

  • Nandini10/05/2022 at 09:05 AMI hv purchased Adani wilamar at818rs per share. Now it’s share rate becm very low. Do not when it will hike.how long this is going to happen ?

  • Durgesh k09/05/2022 at 01:05 PMAdani Wilmer stocks are showing huge loss.but no buyer's .how can I sell it

  • sharan29/04/2022 at 09:04 AMI have purchases 22 qty shares of adani power @309.10 but now the share is falling and hitting lower circuit, don't know the reason

  • Arun Mukherjee13/03/2022 at 09:03 AMI want to buy adani power sheres now..is it currect time to invest this sector now ?

Form
Categories
Blog Enquiry

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Dear Investor if you wish to revoke your un-executed eDis mandate, please mail us with ISIN and quantity on dp@indiratrade.com by today EOD."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Shivkumar P. Email: compliance@indiratrade.com. Call : 0731-4797275

Investor grievance complaint : complaint@indiratrade.com

INVESTOR CHARTER