Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2265.15
26.10 (1.17%)
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Adani Enterprises gains on plan to raise up to Rs 6,000 crore through issuance of securities

Date: 29-07-2015

Adani Enterprises is currently trading at Rs 81.70, up by 1.25 points or 1.55% from its previous closing of Rs 80.45 on the BSE.

The scrip opened at Rs. 80.95 and has touched a high and low of Rs. 81.80 and Rs. 80.40 respectively. So far 196854 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 803.90 on 26-May-2015 and a 52 week low of Rs. 79.85 on 28-Jul-2015.

Last one week high and low of the scrip stood at Rs. 87.30 and Rs. 79.85 respectively. The current market cap of the company is Rs. 8957.95 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 15.09% and 9.91% respectively.

Adani Enterprises is eyeing to raise up to Rs 6,000 crore through issuance of securities to sustain rapid business growth. The company also aims to raise its borrowing limit to up to Rs 12,000 crore to keep pace with the expanding business operations. It will approach its shareholders with these resolutions later this month at the company’s AGM.

Adani Enterprises 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.