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India's Adani Infra to buy 30% stake in PSP Projects
Adani to acquire 30 per cent in PSP Projects for Rs 685 crore
Adani operates airports, ports, roads and more, besides running a real estate company, Adani Realty, which is redeveloping Dharavi in Mumbai.
India's Adani Infra to buy 30% stake in PSP Projects for $81 million
India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects for 6.85 billion rupees ($81.2 million), the latter said on Tuesday.Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises,
Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
The
Adani
Infra deal values PSP Projects at ₹575 per
share
, which is a 15 per cent discount from its closing price on Tuesday. The
ports
-to-power conglomerate is tapping into various sectors, including a $10 billion investment in energy security and ...
Adani Infrastructure to acquire 30.07% stake in PSP Projects from one of its founders for Rs 685 crore
Prahaladbhai S Patel, one of the promoters of PSP Projects, is the seller who entered into a share purchase agreement with Adani Infra (India) Limited by selling 1.19 crore equity shares of the company, representing up to 30.07% of the paid-up equity share capital of the PSP Projects.
Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore
Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from Prahladbhai S Patel, who leads PSP Projects and is its top shareholder
Adani to Buy PSP Projects’ Stake to Boost Construction Business
Billionaire Gautam Adani agreed to buy a majority stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
17h
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price Analysis
Stay up-to-date with the Adani Ports SEZ Stock Liveblog, your trusted source for real-time updates and thorough analysis of a ...
Mint
6d
Two port stocks stand out on the charts. Is Adani Ports one of them?
Also Read: The
Adani
group’s resurgence: A $5-7 bn war chest for cement,
ports
, defence and other acquisitions It ...
ndtvprofit
21h
Five Stocks To Buy: How To Trade SBI, Adani Ports, HUL, Polycab, Tech Mahindra
Of the 50 analysts tracking the stock, 39 maintain a 'buy', six suggest a 'hold' and five recommend 'sell'. The 12-month ...
2d
Adani Ports SEZ Share Price Highlights: Adani Ports SEZ Stock Price History
Welcome to the Adani Ports SEZ Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing ...
21h
PSP Projects share price jumps 10% on news Adani may buy majority stake, launch open offer
PSP Projects has a market capitalisation of Rs 2,800 crore. Adani Group is reportedly in talks to acquire a controlling stake ...
Wall Street Journal
2d
Adani Ports & Special Economic Zone Ltd.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per
share
from continuing operations ...
4h
Adani Offers Dollar Bond Again After Earlier Deal Was Postponed
Billionaire Gautam Adani’s conglomerate kicked off a dollar bond sale on Wednesday after postponing an offering last month ...
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