Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2156.70
2.70 (0.13%)
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Adani Enterprises inches up with it arm acquiring stake in Alpha Design Technologies

Date: 14-12-2018

Adani Enterprises is currently trading at Rs. 156.80, up by 1.00 points or 0.64% from its previous closing of Rs. 155.80 on the BSE.

The scrip opened at Rs. 156.00 and has touched a high and low of Rs. 156.95 and Rs. 154.20 respectively. So far 345535 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 180.00 on 02-Nov-2018 and a 52 week low of Rs. 73.87 on 02-Jul-2018.

Last one week high and low of the scrip stood at Rs. 158.30 and Rs. 137.50 respectively. The current market cap of the company is Rs. 17096.55 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 21.62% and 3.46% respectively.

Adani Enterprises’ wholly owned subsidiary – Adani Defence Systems and Technologies has acquired stake in Alpha Design Technologies. The cost of acquisition is Rs 400 crore. Alpha Design Technologies provides Adani Defence & Aerospace a strong Tier-I capability for building a base for graduating to platform capabilities.

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.