Adani Ports rose 2 per cent, Ambuja Cements gained 1.33 per cent, ACC climbed 1 per cent, and Sanghi Industries advanced 1 per cent

Adani Group founder Gautam Adani broke his silence on Saturday regarding allegations by US authorities linking him and his conglomerate to a $265 million bribery scheme.

Adani Green shares on Monday zoomed 9 per cent after Gautam Adani's statement on the US indictment. He said that his company was committed to compliances and 'every attack makes us stronger'.

Authorities said Adani and seven other defendants, including his nephew, agreed to pay about $265 million in bribes to Indian government officials to obtain solar energy supply contracts expected to yield billions in profit.

Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani's net worth.

Adani Green Energy Ltd. is at the heart of allegations of USD 265 million bribes allegedly being paid to Indian officials to secure solar power sale contracts that could bring in USD 2 billion of profits over 20 years to the firm.

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in a $265 million bribery scheme, according to U.

Adani Green Energy shares rise by 9.1% after Chairman Gautam Adani addresses bribery and fraud allegations, emphasizing resilience and commitment to compliance. Adani highlights challenges faced, including the Carmichael coal mine protests and the 2023 Hindenburg report,

The rise in shares marked the fourth consecutive session of gains for the stock, which has climbed an impressive 60.66% in just four trading days.

Adani Green Energy share price gained up to 9% in morning trades on Monday. Adding to gains in last 3 sessions the the stock is up almost 50% in last 4 sessions. Whats driving the stock that is up almost 50% in last 4 sessions,

The stock surged 9.09 per cent to hit a day high of Rs 1,445. At this price, it has ascended by 60.66 per cent in just four trading days.