Adani Enterprises rises as its arm incorporates joint venture company
Adani Enterprises is currently trading at Rs. 2709.50, up by 70.90 points or 2.69% from its previous closing of Rs. 2638.60 on the BSE.
The scrip opened at Rs. 2671.50 and has touched a high and low of Rs. 2720.65 and Rs. 2658.70 respectively. So far 93224 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. 2720.65 and Rs. 2420.00 respectively. The current market cap of the company is Rs. 309179.70 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 -- Adani Airport Holdings (AAHL) has incorporated a Joint Venture Company namely ‘Tabemono True Aromas’ (TTAPL) on August 21, 2023 with Travel Food Services (TFS) for the purpose of strategic partnership to develop, operate and maintain various hospitality services and formats at multiple locations. Adani Airport Holdings is a flagship holding company of Adani Group for its airports business.
Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.