Adani Total Gas, Adani Green, Adani Energy: Adani Group stocks sprint up to 14% in trade; details to know

The rally in Adani Group stocks has been witnessed a few days after The Washington Post reported that government officials influenced Life Insurance Corporation of India's (LIC) investment decisions amid global investor hesitation.

On Saturday, October 26, LIC called the report "false, baseless, and far from the truth" and said its investments in Adani group companies were made independently and in accordance with its board-approved policies, following detailed due diligence.

A PTI report on Saturday said LIC's investment in Adani Group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers.

In June 2025, a month after a $570 million (₹5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a ₹6,650 crore ($750 million) debt investment in Adani's Mumbai International Airport, joined by several leading international insurance firms.

Apollo Global Management -- Athene's parent company -- in a statement on June 23 stated that its managed funds, affiliates, and other long-term investors had completed a $750 million "investment grade rated financing" for Mumbai International Airport Ltd (MAIL).

This was Apollo's second large financing for MIAL, following its previous financing that provided operational flexibility to deleverage.

Other fundraising included Adani Green Energy Ltd raising around $250 million from a group of global lenders, including DBS Bank, DZ Bank, Rabobank, and Bank SinoPac Co Ltd.

In all, the group signed new credit facilities of more than $10 billion in the first half of the year across the port unit (APSEZ), renewable energy arm (AGEL), flagship firm (Adani Enterprises Ltd), and power transmission unit (Adani Energy Solutions Ltd), according to an August report by S&P Global Ratings.

SEBI's clean chit

In September 2025, in a big boost to Adani Group, regulator SEBI cleared Gautam Adani and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfers between group companies did not fall foul of any regulation.

SEBI, in two separate detailed orders, said the allegations of insider trading, market manipulation, and violations of public shareholding norms were found to be unsubstantiated after a detailed investigation.

Adani Group to invest ₹53,000 crore in Vadhavan Port

On Tuesday, October 28, Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) expressed intent to participate in projects of ₹53,000 crore at the Vadhavan Port project near the financial capital.

Adani Ports and Special Economic Zone has signed two memoranda of understanding with the government-run Jawaharlal Nehru Port Authority, the biggest shareholder in the port project coming up in the Arabian Sea off the Palghar district.

The first MoU signed between APSEZ's Chief Executive and Whole-Time Director Ashwani Gupta is an intent by the Adani entity to participate in the Vadhavan Port for offshore projects worth ₹26,500 crore.

In the second agreement, APSEZ has signed an MoU to affirm its intent to participate in Vadhavan Port for the development of a container terminal to the tune of ₹26,500 crore.

Adani to invest ₹42,500 crore in Dighi Port

On Monday, October 27, Adani Group committed to invest another ₹42,500 crore in the Dighi Port project in the coastal Konkan belt of Maharashtra, government officials said on Monday.

The group's flagship entity, Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports, signed a memorandum of understanding (MoU) with the Maharashtra Government to invest another ₹42,500 crore for expansion of the port and related activities, an official said.

Chief Minister Devendra Fadnavis said the investment is part of 15 agreements entailing investments of over ₹56,000 crore signed by the government on the sidelines of the India Maritime Week's opening day.

How shares are faring

Shares of Adani Green Energy were trading 11.48% higher at ₹1,119.50 apiece on the NSE. The stock jumped as much as 14% in the intraday session. Adani Total Gas Ltd was trading 5.39% higher at ₹654.50, while Adani Ports was trading at ₹1,456, up 2.66%. Adani Power was up 1% at ₹164.06, while Adani Enterprises was trading 2.77% higher at ₹2,563.40 on the NSE. Adani Energy Solutions was up 5.73% at ₹974 on the NSE.