Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2156.70
2.70 (0.13%)
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Adani Enterprises gains on getting nod to raise Rs 1,000 crore through NCDs

Date: 07-05-2020
Adani Enterprises is currently trading at Rs. 134.25, up by 0.95 points or 0.71% from its previous closing of Rs. 133.30 on the BSE.

The scrip opened at Rs. 133.00 and has touched a high and low of Rs. 135.40 and Rs. 130.20 respectively. So far 73060 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 261.10 on 20-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. 137.70 and Rs. 127.40 respectively. The current market cap of the company is Rs. 14841.94 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’ board has given in principle approval to raise Rs 1,000 crore through Non-Convertible Debentures (NCDs) on private placement basis. The company will also seek shareholders' nod for raising up to Rs 2,500 crore through QIP.

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.