Adani Transmission shines on incorporating WOS company
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Adani Transmission is currently trading at Rs. 2761.45, up by 59.45 points or 2.20% from its previous closing of Rs. 2702.00 on the BSE.
The scrip opened at Rs. 2690.05 and has touched a high and low of Rs. 2763.00 and Rs. 2682.70 respectively. So far 688 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4238.55 on 16-Sep-2022 and a 52 week low of Rs. 1815.00 on 15-Feb-2022.
Last one week high and low of the scrip stood at Rs. 2763.00 and Rs. 2555.05 respectively. The current market cap of the company is Rs. 301406.12 crore.
The promoters holding in the company stood at 73.87%, while Institutions and Non-Institutions held 23.52% and 2.61% respectively.
Adani Transmission has incorporated a new Wholly Owned Subsidiary (WOS) company in the name of ‘Adani Transmission Step-Nine’ on January 16, 2023. The said WOS has been incorporated for Transmission Business.
Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.
