Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Accord Fintech
Adani Enterprises gains on the bourses
News By Tags | #889 #657 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Adani Enterprises is currently trading at Rs. 2466.15, up by 22.15 points or 0.91% from its previous closing of Rs. 2444.00 on the BSE.

The scrip opened at Rs. 2444.05 and has touched a high and low of Rs. 2468.00 and Rs. 2444.05 respectively. So far 18563 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4189.55 on 21-Dec-2022 and a 52 week low of Rs. 1017.10 on 03-Feb-2023.

Last one week high and low of the scrip stood at Rs. 2568.85 and Rs. 2401.10 respectively. The current market cap of the company is Rs. 280753.78 crore.

The promoters holding in the company stood at 67.65%, while Institutions and Non-Institutions held 24.80% and 7.55% respectively.

Adani Enterprises’ wholly owned subsidiary -- AMG Media Networks’ (AMG Media) board of directors has approved to enter into a binding memorandum of undertaking (MoU) with Quintillion Media for the acquisition of remaining 51 per cent stake in Quintillion Business Media. Quintillion was Adani's first bet in the Indian news industry before taking about 65 per cent stake in broadcaster NDTV in December last year. AMG Media had previously bought a 49 per cent stake in Quintillion Business Media for Rs 47.84 crore.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.