Adani Enterprises Ltd.

Adani Enterprises is currently trading at Rs. 124.45, up by 6.80 points or 5.78% from its previous closing of Rs. 117.65 on the BSE.

The scrip opened at Rs. 118.80 and has touched a high and low of Rs. 125.40 and Rs. 118.80 respectively. So far 1969805 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 160.60 on 18-Apr-2017 and a 52 week low of Rs. 58.35 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 125.40 and Rs. 110.05 respectively. The current market cap of the company is Rs. 13643.14 crore.

The promoters holding in the company stood at 74.92%, while institutions and non-institutions held 20.96% and 4.12% respectively.

Adani Enterprises has given final investment approval for its controversial $4 billion Carmichael mine and rail project in Central Queensland. The Carmichael projects will generate 10,000 direct and indirect jobs, with pre-construction works starting in the September Quarter 2017.

Queensland Premier, Annastacia Palaszczuk, officially opened Adani’s Regional Headquarters (RHQ) in Townsville from where the company will oversee the construction and operations of the project. The RHQ will also accommodate Adani’s Remote Operations Centre, the first time that such a centre has been deployed in an Australian regional city.

The company had already invested $3.3 billion in the project including buying the bulk coal handling port at port of Abbot Point. Besides, it has signed contracts for design, construction, operations, supply of materials and professional services. The biggest - worth $2.6 billion - is with Downer Mining for the construction and operation of the Carmichael mine.