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Adani Green Energy Stock Surges 5.09% on January 16, 2025, Despite Monthly Dip
Adani Green Energy saw a significant 5.09% rise on January 16, 2025, outperforming its sector by 1.9%. The stock has posted consistent gains over the past three days, accumulating a return of 20.99% during this period. It opened with a gap up of 6.57%, peaking at Rs 1126.8, marking an 8.87% increase.
In terms of moving averages, the stock is currently above its 5-day and 20-day averages but still below the 50-day, 100-day, and 200-day moving averages. Over the past 24 hours, Adani Green Energy saw a performance of 6.19%, while the Sensex posted a 0.60% gain. However, the stock has faced a monthly decline of 5.90%, slightly underperforming the Sensex’s 5.58% drop. As of now, the stock holds a ‘Strong Sell’ rating from MarketsMOJO.
New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.
The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.
After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.
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The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.
Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.
Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.
Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.
The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.
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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.
The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.
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The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.
Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.
Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.
In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.
In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.
Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.
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The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.
Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.
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