Overview

• SEBI’s final order found no violations or manipulative trades, imposed no penalties, and cleared Adani Enterprises, Adani Ports, Adani Power, Gautam Adani, Rajesh Adani and others of liabilities.
• Adani shares rose for a second session, with Adani Power hitting the 20% upper circuit on the BSE and gains across Adani Total Gas, Adani Green, Adani Energy Solutions, Adani Enterprises and other group firms.
• Jefferies maintained a buy on Adani Enterprises with a Rs 3,000 target, citing regulatory clarity and operational updates, as the stock gained up to about 4% in Monday trade.
• Management timelines highlight the Navi Mumbai International Airport launch on Oct. 25 with initial capacity for 20 million passengers and a target of over 80% utilization by FY27.
• Jefferies noted rapid progress in solar and wind projects at Adani New Industries, with green hydrogen to be pursued based on viability, reinforcing the focus on medium‑term growth drivers.