Adani Group Stocks Surge on Strong Q2 Earnings and LIC Clarification

Energy

29th October 2025, 7:06 AM

Adani Group Stocks Surge on Strong Q2 Earnings and LIC Clarification

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Stocks Mentioned :

Adani Green Energy Limited

Adani Total Gas Limited

Short Description :

Shares of Adani Group companies rallied significantly on Wednesday, driven by robust September quarter earnings from Adani Green Energy and Adani Total Gas. Adani Green Energy reported a 25% rise in net profit, while Adani Total Gas saw revenue increase by 19%. The rally was also supported by Life Insurance Corporation of India clarifying that its investment decisions in Adani Group firms are made independently. However, most Adani stocks remain below their 52-week highs.

Detailed Coverage :

Adani Group companies experienced strong buying interest on Wednesday, with Adani Green Energy (AGEL) and Adani Total Gas (ATGL) leading the gains, rallying between 7% and 14%. Other group stocks like Adani Enterprises, Adani Power, and Adani Ports and Special Economic Zone (APSEZ) also saw gains of 3% to 5%, outpacing the BSE Sensex's 0.32% rise. Despite this rally, many Adani stocks are trading down by up to 33% from their 52-week peaks.

The primary catalysts for the surge were the healthy second quarter (Q2FY26) earnings reported by Adani Group firms. Adani Green Energy posted a 25% year-on-year increase in net profit to ₹644 crore, with strong growth in EBITDA and operational capacity driven by new project additions. Adani Total Gas reported a 19% year-on-year revenue growth, fueled by increased CNG and PNG volumes and improved sales realization, despite higher gas costs.

Adding to the positive sentiment, the Life Insurance Corporation of India (LIC) clarified that it did not receive any government instructions for investing in Adani Group companies, with its investment decisions being independent and based on due diligence, as reported by The Times of India.

Impact: This news has a significant positive impact on the Adani Group's stock performance and investor sentiment, potentially influencing related sectors and the broader Indian market. Rating: 7/10.

Heading Terms: Q2FY26: Second Quarter of the Financial Year 2025-2026 (July-September). YoY: Year-on-Year, comparing current period performance with the same period last year. EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of operating profitability. Greenfield capacity: New facilities built from scratch on undeveloped land. RE technologies: Renewable Energy technologies. Operational capacity: Maximum output a facility can produce under normal conditions. MW: Megawatt, a unit of power. GW: Gigawatt, equal to 1,000 megawatts. GA: Geographical Area, a licensed region for gas distribution. CNG: Compressed Natural Gas, used as fuel for vehicles. PNG: Piped Natural Gas, supplied to homes and businesses. APM: Administered Price Mechanism, a government-regulated pricing system. HPHT gas: High-Pressure, High-Temperature gas, referring to specific types of natural gas reserves. Opex: Operating Expenses, the ongoing costs of running a business.