Adani Enterprises hits new 52-week high on buzz of entering into Nifty 50 index from September 30
Adani Enterprises is currently trading at Rs. 3335.00, up by 102.25 points or 3.16% from its previous closing of Rs. 3232.75 on the BSE.
The scrip opened at Rs. 3263.00 and has touched a high and low of Rs. 3349.80 and Rs. 3226.80 respectively. So far 97682 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3,349.80 on 02-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. 3,349.80 and Rs. 3041.25 respectively. The current market cap of the company is Rs. 374313.67 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 is all set to enter National Stock Exchange's (NSE) benchmark index Nifty 50 from September 30. The Index Maintenance Sub-Committee - Equity (IMSC) of NSE Indices has decided to make the changes as a part of its periodic review. Adani Enterprises is replacing Shree Cement which is the leading cement-making firm.
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.