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[ad_1] Last Updated: May 02, 2023, 08:17 IST Stocks to watch today:  Nifty futures on the Singapore Exchange traded lower by 40 points or 0.22 per cent at 18,233, signalling a negative start for Dalal Street on Tuesday. Earnings Watch: Ambuja Cements, Adani Total Gas, Fino Payments Bank, Jindal Hotels, PSB, Spandana Sphoorty, Tata Steel, Uco Bank and Varun Beverages are few of the prominent companies scheduled to announce March quarter results today. Adani Group: Shares of Gautam Adani-led Group companies are likely to be in focus on reports that the Sebi may approach the Central government or law-enforcement agencies to be able to get information from foreign jurisdictions in the Adani-Hindenburg case. Auto stocks: TVS Motor reported a strong 29 per cent YoY growth in sales in April 2023, the highest among home grown auto-makers. Hero MotoCorp sales dipped 3.1 per cent YoY. ONGC, Oil India: The government has slashed windfall tax on Crude Oil produced at home to Rs 4,100 per

[ad_1] Last Updated: March 13, 2023, 14:48 IST Why are Ambuja Cement Shares Falling today? However, Shares of Adani Enterprises surged nearly 3 per cent to Rs 1,985 apiece on the BSE in Monday's opening deals; Know Why Ambuja Cements shares were trading in the red in a weak market on March 13 despite the Adani Group pre-paying a $500-million loan for the Ambuja deal. However, Shares of Adani Enterprises surged nearly 3 per cent to Rs 1,985 apiece on the BSE in Monday’s opening deals after the Group said it has fully prepaid share-backed financing worth $2,15 billion. Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission continued to surge to hit the upper circuit level of 5 per cent. The group said it has completed the entire prepayment of margin-linked share-backed financing, amounting to $2.15 billion, ahead of the committed timeline of March 31, 2023. Since the Hindenburg Research report came out on January 24, the Adani group has been focused on cutting d

[ad_1] Last Updated: June 30, 2023, 12:42 IST Adani Transmission Share Price: Shares of Adani Transmission fell nearly 6 per cent after a large number of shares were traded on Friday after 3.8 crore shares or 3.45 per cent of the company’s total equity exchanged hands in three large trades. The shares exchanged hands at an average price of Rs 795 apiece, taking the total value of the transaction to Rs 3,103 crore, according to exchange data. Buyers and sellers in this transaction were not immediately known. The stock has declined on heavy volumes as a result of the transaction. The volumes are more than 18.4 times of the three-month full-day average. Adani Transmission shares are trading at over 80 per cent discount from their 52-week high of Rs 4,236.75. The stock must surge 5 times from current levels to achieve this level. It hit its 52-week low of Rs 631.50 in March as a consequence of the Hindenburg Research Report published in January this year. Today’s correction comes on