{"id":598017,"date":"2023-08-17T10:00:15","date_gmt":"2023-08-17T04:30:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598017"},"modified":"2023-08-17T10:50:52","modified_gmt":"2023-08-17T05:20:52","slug":"adani-power-has-shares-worth-1-bn-change-hands-in-attempt-to-recover","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-has-shares-worth-1-bn-change-hands-in-attempt-to-recover\/","title":{"rendered":"Adani Power has shares worth $1 bn change hands in attempt to recover"},"content":{"rendered":"<p>Adani Power Ltd. had 8.1% of its total outstanding shares worth about $1 billion traded in five blocks on Wednesday as the ports-to-power conglomerate deepened its efforts to recover from a short-seller attack.<\/p>\n<p>The buyers and sellers were not immediately known, but 310.9 million shares changed hands, according to data compiled by Bloomberg. The company\u2019s stock fell as much as 4.1% after the bunched trades to 274.4 rupees ($3.30) and based on the average price, the deals are worth $1 billion, according to Bloomberg calculations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power Ltd. had 8.1% of its total outstanding shares worth about $1 billion traded in five blocks on Wednesday as the ports-to-power conglomerate deepened its efforts to recover from a short-seller attack. The buyers and sellers were not immediately known, but 310.9 million shares changed hands, according to data compiled by Bloomberg. The company\u2019s stock fell as much as 4.1% after the bunched trades to 274.4 rupees ($3.30) and based on the average price, the deals are worth $1 billion, according to Bloomberg calculations.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-598017","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=598017"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598017\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}