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Adani Enterprises shines on incorporating subsidiary company

27 Dec 2018 Evaluate

Adani Enterprises is currently trading at Rs. 166.95, up by 6.30 points or 3.92% from its previous closing of Rs. 160.65 on the BSE.

The scrip opened at Rs. 161.80 and has touched a high and low of Rs. 167.40 and Rs. 161.25 respectively. So far 791796 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 180.00 on 02-Nov-2018 and a 52 week low of Rs. 73.87 on 02-Jul-2018.

Last one week high and low of the scrip stood at Rs. 167.40 and Rs. 152.10 respectively. The current market cap of the company is Rs. 18234.85 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 21.62% and 3.46% respectively.

Adani Enterprises has incorporated a subsidiary company namely - ‘Prayagraj Water’ on December 26, 2018. The Joint Venture company is incorporated by Adani Enterprises (74%) and Organica Technologies- Hungary (26%) for development & rehabilitation of Sewage Treatment Plants and its associated infrastructure on HAM mode basis at Allahabad/Prayagraj. The incorporated company is yet to commence its business operations.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Adani Enterprises Share Price

2218.35 13.35 (0.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
View more..

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