Adani Enterprises surges on divesting 100% stake in DCDHPL, NDCL
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. 1707.30, up by 39.00 points or 2.34% from its previous closing of Rs. 1668.30 on the BSE.
The scrip opened at Rs. 1672.55 and has touched a high and low of Rs. 1716.35 and Rs. 1672.55 respectively. So far 43988 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1908.55 on 18-Jan-2022 and a 52 week low of Rs. 769.10 on 24-Feb-2021.
Last one week high and low of the scrip stood at Rs. 1762.00 and Rs. 1630.55 respectively. The current market cap of the company is Rs. 186918.22 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 (AEL) has divested its 100% stake in DC Development Hyderabad (DCDHPL) and Naida Data Center (NDCL), Wholly Owned Subsidiary (WoS) Companies to AdaniConnex (50% Joint Venture Company of AEL with EdgeConneX Europe B.V. The said transaction is completed on February 22, 2022. Consequently, DCDHPL and NDCL have ceased as WoS 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.
.jpg)
