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Adani Enterprises surges on inking MoU with Australian energy major Woodside Energy

12 Jan 2015 Evaluate

Adani Enterprises is currently trading at Rs. 518.90, up by 12.80 points or 2.53 % from its previous closing of Rs. 506.10 on the BSE.

The scrip opened at Rs. 511.00 and has touched a high and low of Rs. 522.80 and Rs. 510.50 respectively. So far 114552 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 585.00 on 16-May-2014 and a 52 week low of Rs. 210.40 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 520.70 and Rs. 482.65 respectively. The current market cap of the company is Rs. 57283.61 crore.

The promoters holding in the company stood at 75.00 % while Institutions and Non-Institutions held 21.24 % and 3.76 % respectively.

Adani Enterprises (AEL), the flagship company of the Adani Group, a global infrastructure conglomerate, has signed a Memorandum of Understanding (MoU) with Australian energy major Woodside Energy for cooperation for exploring business opportunities across a broad spectrum in the oil and gas sector in India, as part of the Vibrant Gujarat initiative.

The two companies will jointly explore opportunities in sourcing of liquefied natural gas (LNG), supply and purchase arrangements for India, LNG marketing, investment in upstream activities such as Oil & Gas Exploration, Production & Liquefaction Plants, knowledge sharing, training, joint technology studies, technology workshops and connecting local R&D institutions and universities with each other.

Woodside Energy is Australia’s largest independent oil and gas company. It has an extensive portfolio of oil, gas and LNG facilities including the landmark Australian LNG project - the North West Shelf - one of the world’s premier liquefied natural gas (LNG) facilities.

Adani Enterprises Share Price

2228.00 9.65 (0.44%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 227.50
Adani Enterprises 2228.00
Amrapali Industries 17.36
Rashi Peripheral 474.40
PDS 294.40
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