India's Adani shares up after report on group's push to end US bribery charges

Adani Energy Solutions

05/05/2025 06:31

** Adani Group shares rise, with Adani Enterprises ADEL.NS and Adani Ports and Special Economic Zone APSE.NS the only two Nifty 50 .NSEI members - up 5.7% and 5.1% respectively

** Representatives for Indian billionaire Gautam Adani met U.S. Donald Trump's administration to seek dismissal of criminal charges in an overseas bribery probe, Bloomberg news reports

** Shares of Adani's nine group companies up between 0.6% and 8.2%

** Adani Total Gas ADAG.NS climbs 8.2%, top percentage gainer among these stocks; Adani Ports among top Nifty 50 movers

** Adani's nine listed firms lost about $13 bln in market value since its top executives were indicted in U.S. in November last year

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com; +91 7982114624))