Adani Transmission rises on acquiring R-Infra’s WRSSS transmission assets

02 Nov 2017 Evaluate

Adani Transmission is currently trading at Rs. 212.85, up by 6.85 points or 3.33% from its previous closing of Rs. 206.00 on the BSE.

The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 215.95 and Rs. 206.85 respectively. So far 1,03,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 237.10 on 24-Oct-2017 and a 52 week low of Rs. 40.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 236.80 and Rs. 198.00 respectively. The current market cap of the company is Rs. 23,425.00 crore.

The promoters holding in the company stood at 74.92%, while public held 25.08% stake in the company .

Adani Transmission (ATL) has completed acquisition of operational transmission assets of WRSS Schemes of Reliance Infra for Rs 1,000 crore. In effect, its power-wheeling network crossed the 8,500 circuit km mark. This acquisition is in sync with the ATL strategy to enhance the value of its stakeholders through organic as well as inorganic growth.

Adani Transmission (ATL) is engaged in providing establishing, commissioning, operating and maintaining electric power transmission systems in India. It offers operation and maintenance (O&M) support services. Adani Transmission operates as a subsidiary of Adani Enterprises.


Adani Energy Solut. Share Price

1025.80 9.45 (0.93%)
28-Mar-2024 16:01 View Price Chart
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