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Adani Enterprises rises on securing LoA for building prestigious ropeway project

Adani Enterprises Ltd. | Trading | Miscellaneous | BSE: 512599 | NSE: ADANIENT

16 Sep 2025 Evaluate

Adani Enterprises is currently trading at Rs. 2394.30, up by 11.20 points or 0.47% from its previous closing of Rs. 2383.10 on the BSE.

The scrip opened at Rs. 2419.60 and has touched a high and low of Rs. 2419.60 and Rs. 2388.80 respectively. So far 22349 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3208.85 on 10-Oct-2024 and a 52 week low of Rs. 2026.90 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 2420.10 and Rs. 2325.40 respectively. The current market cap of the company is Rs. 276362.80 crore.

The promoters holding in the company stood at 73.97%, while Institutions and Non-Institutions held 18.58% and 7.44% respectively.

Adani Enterprises (AEL) has received a Letter of Award (LoA) from the National Highways Logistics Management (NHLML) for building the prestigious ropeway project connecting Sonprayag with Kedarnath. The project will be executed by AEL’s Roads, Metro, Rail, and Water (RMRW) division.

Once operational, the 12.9 km ropeway project will reduce travel time from an arduous 9-hour trek to just 36 minutes, making the pilgrimage far easier and safer. The ropeway will be able to carry 1,800 passengers per hour per direction, serving lakhs of pilgrims each year. Kedarnath witnesses around 20 lakh pilgrims annually, highlighting the importance of this project.

The ropeway is part of the National Ropeways Development Programme - Parvatmala Pariyojana. Developed on a Public-Private Partnership (PPP) basis, the project will take six years to complete and AEL will operate it for 29 years after construction. Along with improving connectivity, the project is expected to create jobs and boost tourism in the region.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

Adani Enterprises Share Price

2236.95 18.60 (0.84%)

20-Apr-2026 15:06 View Price Chart

Peers

Company Name	CMP
Redington	228.00
Adani Enterprises	2236.95
Amrapali Industries	17.36
Rashi Peripheral	474.45
PDS	294.05
View more..

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Adani Enterprises rises on securing LoA for building prestigious ropeway project

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