Powered by: Motilal Oswal
04-07-2022 11:09 AM | Source: Accord Fintech
Adani Enterprises rises on acquiring 49% stake in Jhar Mining Infra
News By Tags | #889 #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. 2197.85, up by 37.85 points or 1.75 % from its previous closing of Rs. 2160.00 on the BSE.

The scrip opened at Rs. 2169.00 and has touched a high and low of Rs. 2215.00 and Rs. 2159.95 respectively. So far 58239 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,215.00 on 07-Apr-2022 and a 52 week low of Rs. 1051.40 on 13-Apr-2021.

Last one week high and low of the scrip stood at Rs. 2215.00 and Rs. 2014.00 respectively. The current market cap of the company is Rs. 243354.98 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 22.21% and 2.87% respectively.

Adani Enterprises has acquired 24,500 (49%) equity shares of Rs 10 each of Jhar Mining Infra (JMIPL) from ACB (India) on April 05, 2022. With this, JMIPL has become wholly owned subsidiary of the company.

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.