On Wednesday, the AEL stock was trading 0.36 per cent higher at Rs 2,256. The Adani stock is down 8.9 per cent in 2025 so far.
The stocks that saw the biggest EPS cuts included InterGlobe Aviation (11.2 per cent), Trent (7.1 per cent), Kotak Mahindra Bank (6.1 per cent), Power Grid (3.8 per cent) and Grasim (3 per cent).
At the current market price, AEL traded at 18 times FY28 estimated EV/Ebitda. Ventura reiterated a 'Buy' rating with a sum-of-the-parts-based 24-month target price of Rs 3,433, implying 23.6 times FY28 EV/Ebitda.
The offer is open to all eligible shareholders, with promoter groups -- holding about 74 per cent in the company -- set to subscribe to their entitlement.
The auto major has announced a recall of 39,506 units of its Grand Vitara sport utility vehicle (SUV). Maruti Suzuki stated that vehicles manufactured between December 9, 2024, and April 29, 2025, are part of the recall.
Adani Enterprises has disclosed the details of its Rs 24,930 crore rights issue, pricing each rights equity share at Rs 1,800.
Shares of Adani Enterprises jumped more than 6 per cent during the trading session on Wednesday, after the company announced the details of its rights issue.
The rights issue price has been set at Rs 1,800 per share, representing a 24% discount to Adani Enterprises’ closing price of Rs 2,370.2 on Tuesday.
On the earnings front, Adani Enterprises reported an 84 per cent year-on-year (YoY) rise in consolidated net profit for the July–September quarter (Q2 FY26), driven by an exceptional gain.
Brokerage firm DRChoksey FinServ remained positive on Adani Enterprises on the back of multiple reasons and expects the Adani Group stock to rise up to 40 per cent.
Adani Enterprises stock ended on a flat note on Tuesday. The stock stood at Rs 2505 on BSE. Market cap of the firm came at Rs 2.89 lakh crore on BSE.





