Adani Enterprises Ltd.

Adani Enterprises is currently trading at Rs. 70.10, up by 0.40 points or 0.57% from its previous closing of Rs. 69.70 on the BSE.

The scrip opened at Rs. 69.15 and has touched a high and low of Rs. 70.75 and Rs. 69.10 respectively. So far 156566 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. 58.45 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 76.60 and Rs. 68.70 respectively. The current market cap of the company is Rs. 7715.17 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 13.81% and 11.19% respectively.

Adani Enterprises has received an approval to raise funds by issue of equity shares / convertible bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate amount up to Rs 6,000 crore. The board of director at its meeting held on May 04, 2016 has approved for the same. The board has also approved to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis within the overall borrowing limits of the company, in the period of next twelve months.

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.