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Adani Green block deal: BNP Paribas buys 6.9 lakh shares worth Rs 56 crore

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Adani Green block deal: BNP Paribas buys 6.9 lakh shares worth Rs 56 crore
Adani Green Energy witnessed a couple of block deals on Tuesday in which French multinational bank BNP Paribas was the buyer while Morgan Stanley was the seller.

BNP bought 6.9 lakh shares in the company through its affiliate BNP Paribas Financial Markets in a deal valued at Rs 56 crore. The shares were purchased at a price of Rs 808.3 apiece, a 1% discount from Monday’s closing price of Rs 816.45.

Morgan Stanley sold as many shares via its investment arm Morgan Stanley Asia (Singapore) Pte.

Adani Green Energy shares ended at Rs 839 on the NSE today, up by Rs 22.55 or 2.76%.

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Adani Green Energy shares have underperformed the broader markets, declining 12% over a one-year period. In contrast Nifty and the BSE Sensex have declined by 2% and 4%, respectively.


The stock has slipped below its 50-day and 200-day simple moving averages (SMA) of Rs 908 and Rs 987, respectively, according to Trendlyne data.
Adani Green reported a net loss of Rs 41 crore in the December quarter, compared with a profit of Rs 492 crore in the year-ago period and Rs 583 crore in the September quarter. The loss/profit is attributable to the company’s shareholders. Total income during the reporting period rose 8% year-over-year (YoY) to Rs 2,837 crore.Revenue from power supply increased 21% YoY to Rs 2,420 crore in the October–December 2025 period, while EBITDA for the segment rose 23% YoY to Rs 2,269 crore.

Strong revenue and EBITDA growth in the power supply business was driven by greenfield capacity addition of 5.6 GW, deployment of advanced renewable energy technologies, strong plant performance and the commissioning of new capacities at resource-rich sites in Khavda, Gujarat, and Rajasthan.

“In 2026, Adani Green has continued its growth trajectory, adding 5.6 GW of renewable energy capacity, representing nearly 14% of all new solar and wind capacity installed across India,” said Ashish Khanna, CEO of Adani Green.

The company’s operational capacity reached 17.2 GW, keeping it on track to achieve its 50 GW target. The Khavda project, which is the world’s largest renewable energy installation, is progressing at an accelerated pace, the company said.

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Also read: Brand Concepts bulk deal: Ashish Kacholia exits microcap as stock price erodes 36% in a year

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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Sinopec Says Has Enough Oil Inventory to Ensure Stable Production for Now

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Sinopec Says Has Enough Oil Inventory to Ensure Stable Production for Now

Chinese oil major Sinopec 600028 -1.66%decrease; red down pointing triangle struck a cautious tone during a post-earnings briefing, saying it has enough inventory to maintain stable production and multiple contingency plans in place as the conflict in the Middle East stokes worries about countries running out of fuel.

However, it said that a prolonged conflict would pose more severe challenges.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Reeves plans energy bill help for those 'who need it most'

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Reeves plans energy bill help for those 'who need it most'

The US-Israel war with Iran is having an impact on costs domestically, with oil and gas prices soaring.

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RENN fund president Stahl buys shares worth $3.7k

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RENN fund president Stahl buys shares worth $3.7k

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Diesel standards lowered, six WA stations run dry

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Diesel standards lowered, six WA stations run dry

Diesel standards have been lowered to help suppliers bring more fuel into the domestic market as hundreds of service stations across the country run dry, including six in WA.

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Markets on the Brink of a Correction as Iran War Rages On. Stock Futures Fall.

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Markets on the Brink of a Correction as Iran War Rages On. Stock Futures Fall.

Stocks are nearing their first correction in about a year as the Iran war drives up oil prices and sparks worries about a resurgence in inflation.

Futures tracking the Dow Jones Industrial Average fell 235 points, or 0.5%, on Monday. S&P 500 futures were 0.6% lower and contracts tied to the tech-heavy Nasdaq 100 tumbled 0.7%.

The three major indexes have tumbled for four weeks in a row, putting them on the brink of closing in correction territory. A correction is when an index falls 10% from its recent high.

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(VIDEO) Dodgers Set Opening Day Rotation With Roki Sasaki in Mix Despite Spring Struggles

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Roki Sasaki

The Los Angeles Dodgers have finalized their starting rotation plans for the beginning of the 2026 season, naming Yoshinobu Yamamoto as the Opening Day starter and confirming that Japanese right-hander Roki Sasaki will open the year in the rotation despite a rocky spring training.

Roki Sasaki
Roki Sasaki

Manager Dave Roberts revealed the group’s composition Tuesday, listing Yamamoto, Tyler Glasnow, Sasaki, Emmet Sheehan and two-way star Shohei Ohtani as the primary starters to begin the campaign. Justin Wrobleski is expected to provide piggyback relief or long outings early on as the club eases its high-upside arms back into game action following the shortened spring.

The Dodgers, fresh off a 2025 World Series title, will host the Arizona Diamondbacks in their home opener Thursday, March 26, at Dodger Stadium. Yamamoto, who earned World Series MVP honors last October, gets the ball first against Arizona ace Zac Gallen in what promises to be a marquee matchup.

Roberts indicated the initial order will likely feature Yamamoto on Opening Day, followed by Glasnow, Sasaki, Sheehan and Ohtani in some sequence across the first week. Ohtani is slated to make his first start of the season March 31 against the Cleveland Guardians. The club plans to lean on a five-man rotation initially but has the depth to shift to six once Blake Snell and others return from injuries.

Sasaki’s inclusion comes with caveats. The 24-year-old right-hander, who signed with the Dodgers before the 2025 season after dominating in Japan’s Nippon Professional Baseball, has struggled with command and mechanics this spring. He posted concerning results in Cactus League outings, including control issues that led the team to adjust his buildup with backfield “B” games and simulated innings.

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Despite the uneven performances, Roberts has remained steadfast.

“He’s going to be one of our starters” to open the season, Roberts said this week, emphasizing that spring training stats alone do not define readiness. The manager pointed to Sasaki’s talent, work ethic and the organization’s belief that his performance will trend upward once the regular season begins.

Sasaki flashed elite stuff in limited 2025 action, touching triple digits with his fastball and deploying a devastating splitter. He began last year in the rotation but shifted to the bullpen late in the season, where he excelled as a high-leverage reliever and even served as a closer option during the postseason. His October contributions helped the Dodgers claim their championship.

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General Manager Brandon Gomes and President of Baseball Operations Andrew Friedman have consistently viewed Sasaki as a starter long-term, citing his two-pitch dominance in Japan and potential to develop further with better execution and health.

“He’s feeling awesome physically,” Gomes said earlier this offseason. The club has worked with Sasaki on refining his cutter and two-seam fastball to complement his heater-splitter arsenal, aiming to give him more weapons against big-league lineups the third time through the order.

Fan frustration has surfaced at times. Reports and social media clips from spring games captured moments where Sasaki heard boos from Dodger Stadium crowds after shaky outings, echoing occasional heckling he faced on the road last season. In one memorable 2025 postseason exchange against the Philadelphia Phillies, Sasaki shrugged off boos by noting through an interpreter that he doesn’t understand English well enough to be bothered — a response that quickly became a fan favorite for its unflappable cool.

Those moments highlight the high expectations placed on the young international star in a star-studded clubhouse. Sasaki himself has spoken about embracing competition during DodgerFest events, acknowledging the depth of the rotation and the need to earn his spot daily.

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The broader rotation picture remains formidable even with injuries. Snell, a former Cy Young winner, is targeting a late-May return from a shoulder issue. Gavin Stone is also sidelined. That leaves Yamamoto — already compared to Sandy Koufax for his early Dodgers dominance — Glasnow, who looked sharp in his final spring start with 11 strikeouts over five innings, Ohtani, Sheehan and Sasaki to carry the load.

Ohtani’s dual role adds unique flexibility. The two-time MVP and reigning American League MVP will continue hitting every day while making starts roughly every six days, a workload the Dodgers have carefully managed.

Depth arms such as River Ryan, who is returning from surgery, and others on the 40-man roster provide insurance. Roberts noted the club could “piggyback” starters early to control innings and protect arms, a common strategy for teams with elite but sometimes fragile pitching.

Analysts project the Dodgers’ staff to rank among the majors’ best if health cooperates. Yamamoto and Glasnow form a potent 1-2 punch, while Ohtani’s starts carry historic weight. Sheehan earned his rotation spot with strong spring and minor-league track record. Sasaki represents the wildcard — immense upside tempered by the need for consistency.

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Spring training statistics for Sasaki showed elevated walk rates and difficulty locating his pitches, prompting mechanical tweaks. Roberts has downplayed the results, saying the organization is “betting on the talent” and expecting improvement with regular-season adrenaline and refined routines.

The Dodgers open the season with a favorable homestand against the Diamondbacks and Guardians before heading on the road. Early off-days in the schedule allow for the piggyback approach without immediately taxing the bullpen.

Longer term, the club hopes to settle into a six-man rotation once Snell returns, giving everyone extra rest in a marathon 162-game season. That setup could maximize the rotation’s talent while minimizing injury risk for pitchers like Glasnow, who has a history of durability questions.

Sasaki’s journey from Japanese phenom to MLB starter has drawn global attention. Signed under international bonus pool rules for a relatively modest $6.5 million, he quickly became one of the most discussed young arms in baseball. His 2025 rookie season was a tale of two halves: promise as a starter followed by dominance in relief.

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Now, with a full offseason of adjustments under his belt, Sasaki aims to prove he belongs at the front of a championship rotation. Teammates and coaches have praised his work ethic and positive attitude amid the scrutiny.

“He’s excited about returning to the rotation,” Sasaki said through an interpreter at fan events. “It’s the team’s decision, but I have to secure my position.”

Off the field, the Dodgers’ pitching depth has fueled ongoing debates about competitive balance in Major League Baseball. The club’s ability to attract top talent, including multiple Japanese stars in Yamamoto, Sasaki and others, has drawn both admiration and criticism from rival front offices.

For now, focus remains on execution. Roberts and his staff will monitor Sasaki closely in the first few turns through the rotation. If command issues persist, the club has options to shift him to shorter outings or the bullpen temporarily, though the stated preference is to develop him as a starter.

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The 2026 Dodgers enter the season as heavy favorites in the National League West and among the top World Series contenders once again. Their rotation — anchored by proven aces and high-ceiling young arms — will be central to those aspirations.

Whether Sasaki can silence doubters and translate his raw stuff into consistent outings remains one of the most compelling storylines as the defending champions begin their title defense.

Fans at Dodger Stadium will get their first extended look Thursday when Yamamoto takes the mound, with the rest of the rotation following in quick succession. For Sasaki, the boos of spring could turn to cheers if he delivers on the promise that made him a coveted international signing.

The baseball world will be watching.

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What help can households expect with fuel bills?

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'Most of my pension has gone on home heating oil'

The war in the Middle East has brought fuel costs into sharp focus, and governments have been looking at how to help ease the pain for consumers.

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Dow Jones And U.S. Stock Market Outlook – Wall Street Uncertain Amid U.S.-Iran (Potential) Talks

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Dow Jones And U.S. Stock Market Outlook - Wall Street Uncertain Amid U.S.-Iran (Potential) Talks

Dow Jones And U.S. Stock Market Outlook – Wall Street Uncertain Amid U.S.-Iran (Potential) Talks

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Amber-Jade Sanderson urges green energy sector to ‘raise voice’

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Amber-Jade Sanderson urges green energy sector to ‘raise voice’

WA’s energy minister has urged the renewable energy sector to raise its voice against a tide of misinformation at an industry forum in Perth.

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Form 144 ALAMO GROUP INC For: 24 March

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Form 144 ALAMO GROUP INC For: 24 March

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