Adani Enterprises Ltd.

Adani Enterprises is currently trading at Rs. 484.20, up by 4.05 points or 0.84% from its previous closing of Rs. 480.15 on the BSE.

The scrip opened at Rs. 481.90 and has touched a high and low of Rs. 487.25 and Rs. 481.30 respectively. So far 24583 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. 491.50 and Rs. 466.35 respectively. The current market cap of the company is Rs. 52807.38 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 21.59% and 3.41% respectively.

Adani Enterprises has received an approval to divest its holding of 70.75 crore Equity shares in Maharashtra Eastern Grid Power Transmission Company (MEGPTCL) to Adani Transmission, a wholly owned subsidiary (WOS) of the Company at a price to be determined on the basis of independent valuation report and deemed appropriate in the best interest of the Company subject to requisite approvals, if any. The board at its meeting held on November 12, 2014 has approved the same.

Adani Enterprises, the flagship company of the Adani Group, is the country’s largest coal importer-turned-domestic private mine developer-cum-operator (MDO). The company is truly a diversified asset backed commodities trader, sourcing, producing, marketing and transporting them across the globe.