Adani shares jump nearly 9% after nod to Australia’s Carmichael coal project

Adani shares jump nearly 9% after nod to Australia’s Carmichael coal project

Shares of Adani Enterprises on Tuesday closed up 8.63% after the Adani Group gave the final investment approval for its Carmichael coal mine project in Australia.

At NSE, shares of the company closed at Rs128.10, up 9.02% from the previous session’s closing. “I am proud to announce the project has Final Investment Decision approval which marks the official start of one of the largest single infrastructure—and job creating—developments in Australia’s recent history,” Adani Group chairman Gautam Adani said. Read More…

 

 

Credit By: Live Mint

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