Adani Power Surges by Over 12%: Reason Behind Today's Adani Group Stock Increase
On September 19, 2025, ET Now Live TV broadcasted the latest business news, stock market updates, IPO company news, and breaking news events. Here's a roundup of the day's key developments.
In domestic news, the Adani Group, a conglomerate, saw some of its companies end the day with higher stock prices. Adani Power, a company within the Adani group, experienced a significant increase of over 12% in its stock price, but the reasons for this sharp rise remain unclear. Adani Total Gas, Adani Green Energy, Adani Enterprises, and Adani Ports also saw gains, but specific information about their stock price movements was not discussed.
The Indian stock market exhibited overall optimism, with the Adani Group witnessing a massive market cap gain of over Rs 69,000 crore in a single day. However, the specific stock market in question was not specified.
In other news, India has imposed import restrictions on a specific chemical until September 2026. The details of the chemical were not provided in the article.
On the international front, Donald Trump announced a USD 100,000 fee for H1-B visas, which could potentially impact Indian workers in the US.
In partnership news, TCS and NVIDIA entered into a collaboration that could assist retailers. The details of this partnership were not specified in the article.
PhonePe received RBI approval to operate as an online payment aggregator. Transferring securities from nominee to legal heir has also become easier due to a recent Sebi tweak on capital gains, but the details of this change were not provided.
Lastly, the Housing and Urban Development Corporation (HUDCO) signed an MoU with NBCC for multi-city construction projects, but no further details were available. As for the Securities and Exchange Board of India (Sebi), no specific information was provided in the article.
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