SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Enterprises divests 100% stake in DCDHPL, NDCL

23 Feb 2022 Evaluate

Adani Enterprises (AEL) has divested its 100% stake in DC Development Hyderabad (DCDHPL) and Naida Data Center (NDCL), Wholly Owned Subsidiary (WoS) Companies to AdaniConnex (50% Joint Venture Company of AEL with EdgeConneX Europe B.V. The said transaction is completed on February 22, 2022. Consequently, DCDHPL and NDCL have ceased as WoS of the Company.

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

3212.20 34.00 (1.07%)
03-Jul-2026 15:59 View Price Chart
Peers
Company Name CMP
Redington 275.60
Amrapali Industries 27.69
Adani Enterprises 3212.20
Rashi Peripheral 757.75
PDS 365.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: