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Is Adani transmission available for intraday?
Currnetly Stock Tips of ADANITRANS are only for daily & Intraday use and has no relation with Fundamentals or Stock Market News.
Is Adani transmission Debt Free?
What Is Adani Transmission’s Net Debt? You can click the graphic below for the historical numbers, but it shows that as of March 2021 Adani Transmission had ₹269.6b of debt, an increase on ₹243.9b, over one year. Net debt is about the same, since the it doesn’t have much cash.
What do Adani transmission do?
About Adani Transmission Ltd It is engaged in transmission of electric energy and trading of castor oil. It owns, operates and maintains approximately 5,050 circuit kilometers of transmission lines, ranging from 400 kilovolts to 765 kilovolts, with a total transformation capacity of over 12,000 megavolt ampere (MVA).
Is Adani group in debt?
The conglomerate also owes creditors ₹4,613 crore for capital expenditure, as of March 31, 2021. The sum of reported debt plus 50 per cent of perpetual securities and creditors for capital expenditure minus the modest ₹10,439 crore cash, is equivalent to a sizeable 5.23 times of EBITDA.
What happened to the Adani Group?
All of it – in a single day!! Adani Group, it is. On Monday, several of the group companies’ shares fell by 5-25\%, leading to a cumulative drop in Market Cap of about Rs 1 Lakh Crore!
What happened to Adani’s FPI accounts?
On the 14th of June 2021, The Economic Times reported that Adani Group had failed to produce the required information, which led to the NSDL freezing three of its FPI’s accounts (Albula, Cresta & APMS) which held over Rs 43,500 Crore worth of Adani’s shares!
How did Adani’s net worth slip by RS 55K crore?
Meanwhile, the founder-chairman of the group, Gautam Adani, who also happens to be India’s second-richest person, witnessed his net worth slip by over Rs 55,000 Crore! And all of this was an offshoot of NSDL freezing three of the group’s foreign public shareholders’ accounts.
https://www.youtube.com/watch?v=_ABdxbzAaK0