Adani Enterprises Ltd.

Adani Enterprises is currently trading at Rs. 675.70, up by 8.85 points or 1% from its previous closing of Rs. 666.85 on the BSE.

The scrip opened at Rs. 669.70 and has touched a high and low of Rs. 679.80 and Rs. 667.30 respectively. So far 43887 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 729.00 on 04-Mar-2015 and a 52 week low of Rs. 301.40 on 14-Mar-2014.

Last one week high and low of the scrip stood at Rs. 729.00 and Rs. 664.00 respectively. The current market cap of the company is Rs. 74363.66 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 21.24% and 3.76% respectively.

Adani Enterprises’ wholly-owned subsidiary -- Adani Mining Pty -- is in advanced talks with power firms and coal traders in different countries for selling coal from its mines in Australia. The company has also signed certain letters of intent with these power utilities and coal traders as part of discussions to sell the fuel.

Moreover, the countries like China and Korea have evinced interest for buying coal from Adani’s Carmichael mines in Australia.

Adani Group is implementing coal mining projects with total annual coal production capacity of around 110 MTPA (million tonnes per annum). The company plans to achieve a mining capacity of 200 MTPA of coal by 2020.