Adani Enterprises is currently trading at Rs. 3258.55, up by 20.15 points or 0.62% from its previous closing of Rs. 3238.40 on the BSE.
The scrip opened at Rs. 3261.00 and has touched a high and low of Rs. 3290.00 and Rs. 3207.35 respectively. So far 68986 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 3883.70 on 20-Sep-2022 and a 52 week low of Rs. 1344.60 on 28-Oct-2021.
Last one week high and low of the scrip stood at Rs. 3662.25 and Rs. 3105.90 respectively. The current market cap of the company is Rs. 371754.37 crore.
The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 21.51% and 6.22% respectively.
Adani Enterprises has incorporated two wholly owned subsidiaries namely ‘Alwar Alluvial Resources’ (AARL) and ‘Adani Disruptive Ventures’ (ADVL). ‘Alwar Alluvial Resources’ has incorporated on October 03, 2022, with an Initial Authorized & Paid-Up Share Capital of Rs 10,00,000 each to, interalia, carry on manufacturing and processing of minerals, TiO2 Slag manufacturing, Pigment manufacturing etc. and to do all necessary and incidental activities in this regard. AARL will commence its business operations in due course.
‘Adani Disruptive Ventures’ has incorporated on October 04, 2022, with an Initial Authorized & Paid-Up Share Capital of Rs. 5,00,000 each to, interalia, carry on the business of buying, selling, reselling, importing, exporting, transporting, storing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods, products, merchandise, services and commodities of every description & to do all necessary and incidental activities in this regard. ADVL will commence its business operations in due course.
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.