Adani Energy Solutions moves up on planning up to Rs 18,000 crore capital expenditure in FY26
Adani Energy Solutions is currently trading at Rs. 1001.40, up by 15.35 points or 1.56% from its previous closing of Rs. 986.05 on the BSE.
The scrip opened at Rs. 989.95 and has touched a high and low of Rs. 1006.15 and Rs. 976.15 respectively. So far 35527 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1090.65 on 06-Nov-2024 and a 52 week low of Rs. 588.25 on 27-Nov-2024.
Last one week high and low of the scrip stood at Rs. 1006.15 and Rs. 918.55 respectively. The current market cap of the company is Rs. 119900.02 crore.
The promoters holding in the company stood at 71.19%, while Institutions and Non-Institutions held 23.01% and 5.79% respectively.
Adani Energy Solutions has planned Rs 17,000-18,000 crore capital expenditure, including around Rs 6,000 crore already spent on various projects, in the current fiscal year (FY26). The company has already sped Rs 3,350 crore on transmission, about Rs 700 crore in distribution and about Rs 2,000 crore in smart metering in current fiscal.
The company will have a capex of about Rs 10,000 crore for Navi Mumbai entire area, which will span over about five years.
Adani Energy Solutions (formerly known as Adani Transmission) is the transmission business arm of the Adani Group, one of India’s largest business conglomerates.
