Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2156.70
2.70 (0.13%)
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Adani Enterprises soars as its arm incorporates wholly-owned subsidiary in India

Date: 14-02-2020

Adani Enterprises is currently trading at Rs. 256.70, up by 5.25 points or 2.09% from its previous closing of Rs. 251.45 on the BSE.

The scrip opened at Rs. 252.95 and has touched a high and low of Rs. 256.85 and Rs. 252.65 respectively. So far 127142 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 256.85 on 14-Feb-2020 and a 52 week low of Rs. 113.00 on 16-May-2019.

Last one week high and low of the scrip stood at Rs. 256.85 and Rs. 237.90 respectively. The current market cap of the company is Rs. 28111.15 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 22.03% and 3.06% respectively.

Adani Enterprises’ wholly-owned Subsidiary (WOS) -- Adani Airport Holdings (AAHL) has incorporated a WOS namely ‘Srahmaputra Metropolis Solutions’ (BMSL) for operating and maintaining the airports and carrying out the commercial activities in and outside the airports. BMSL is incorporated in India registered with the Registrar Companies, Gujarat at Ahmedabad on February 12, 2020 and is yet commence its business operations.

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.