Adani Enterprises is currently trading at Rs. 1678.10, up by 1.95 points or 0.12% from its previous closing of Rs. 1676.15 on the BSE.
The scrip opened at Rs. 1684.00 and has touched a high and low of Rs. 1684.00 and Rs. 1659.00 respectively. So far 13260 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1788.00 on 24-Nov-2021 and a 52 week low of Rs. 440.00 on 31-Dec-2020.
Last one week high and low of the scrip stood at Rs. 1684.80 and Rs. 1556.00 respectively. The current market cap of the company is Rs. 183360.34 crore.
The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 21.92% and 3.16% respectively.
Adani Enterprises has incorporated wholly owned subsidiary company namely ‘Adani Data Networks’ (ADNL) on December 22, 2021. ADNL is incorporated with the objective of for providing robust and reliable domestic and international network connectivity services and bespoke solutions by investing in ground-up development and targeted acquisition of optical fiber infrastructure, deploy optical transmission networks spanning selected intra-city and inter-city routes and develop/co-develop submarine cable systems from east and west coast of India.
Cost of acquisition is Rs 2,50,00,000 (25,00,000 Equity Shares of Rs 10 each). ADNL is yet to 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.
