Adani Enterprises trades marginally higher on BSE
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Adani Enterprises is currently trading at Rs. 2281.00, up by 6.90 points or 0.30% from its previous closing of Rs. 2274.10 on the BSE.
The scrip opened at Rs. 2260.00 and has touched a high and low of Rs. 2284.20 and Rs. 2241.55 respectively. So far 108444 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2305.65 on 22-Apr-2022 and a 52 week low of Rs. 1123.40 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 2305.65 and Rs. 2141.35 respectively. The current market cap of the company is Rs. 249761.37 crore.
The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 22.31% and 2.77% respectively.
Adani Enterprises has incorporated wholly owned subsidiary namely, Kagal Satara Road (KSRPL), on April 20, 2022. With an Initial Authorized and Paid-Up Share Capital of Rs 1,00,000 each. The company has incorporated wholly owned subsidiary to carry out the Development, Operation, Maintenance and Management of the project ‘Six Laning of Kagal-Satara section of NH-48 (old NH-4) [Package - II from km 658.000 to km 725.000] in the State of Maharashtra to be executed on BOT (Toll) mode under Bharatmala Pariyojana’ and to do all necessary and incidental activities in this regard. KSRPL will commence its business operations in due course.
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.
