Adani group stocks were rewarded heavily by traders on Thursday, with Adani Energy Solutions Ltd. surging up to 1.8% on the NSE, as compared to a 0.4% advance in the benchmark Nifty index.
Other stocks such as Adani Enterprises, Adani Ports and Special Economic Zone Ltd., Adani Solutions Ltd., and Adani Green Energy Ltd. also jumped 1.61%, 1.49%, 1.6% and 1.76% respectively.
Of these, Adani ports and Special Economic Zones, along with Adani Enterprises led the rally as of 10:15 a.m., trading over 1% higher at Rs 1,907 apiece and Rs 2,714.5 apiece, respectively.
MSCI Rejig
Adani Green Energy has been added to the MSCI Global Standard Index in its November 2026 review. The company is expected to attract $60 million in inflows.
The changes are expected to increase India's weight in the MSCI Emerging Markets Index to 11.7% from 11.5%, with incremental passive inflows of around $2 billion expected on Nov. 30.
Evos Takeover
Adani Group is reportedly seeking to fund as much as half of the €2.56 billion acquisition of Evos B.V. with equity, with the remainder through a syndicated loan.
The conglomerate will infuse equity up to the equivalent of $1.45 billion to fund the transaction and is also working to refinance about €1.3 billion of existing debt at Evos, Bloomberg reported.
Mitsubishi UFJ Financial Group Inc. is the sole underwriter for the Evos transaction and is providing financing commitments for up to €2.8 billion, with other lenders in talks to join the financing at a later stage.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
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