Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2156.70
2.70 (0.13%)
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Adani Enterprises zooms as its arm receives LoAs for two road projects in Telangana

Date: 12-03-2019

Adani Enterprises is currently trading at Rs. 144.50, up by 5.35 points or 3.84% from its previous closing of Rs. 139.15 on the BSE.

The scrip opened at Rs. 140.50 and has touched a high and low of Rs. 145.70 and Rs. 140.45 respectively. So far 437993 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. 145.70 and Rs. 135.40 respectively. The current market cap of the company is Rs. 15804.27 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 22.15% and 2.93% respectively.

Adani Enterprises’ wholly owned subsidiary -- Adani Transport (ATL) has received a letter of awards (LoAs) from the National Highways Authority of India (NHAI) for two road projects in the State of Telangana.

The first project is for Four Laning of NH-363 from Mancherial (Design Km 0.000/Existing Km 251.900) to Repallewada (Design Km 42.000/ Existing Km 288.510) (Design Length = 42.000 Km) in the State of Telangana under NHDP Phase-IV under NH (0) on HAM. The another project is for Four Laning of the Suryapet (Design Ch.0.420/ Existing Km. 128.500 of NH-65) to Khammam (Design Ch.59.046/ Existing Km. 50.750 of old SH42) of NH-365BB (Old SH-42) (Design Length = 58.626 Km) in the State of Telangana under Bharatmala Pariyojana on HAM.

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.