Adani Enterprises gains as its arm completes acquisition of 85.1% stake in Air Works India (Engineering)
Adani Enterprises is currently trading at Rs. 2634.50, up by 14.30 points or 0.55% from its previous closing of Rs. 2620.20 on the BSE.
The scrip opened at Rs. 2620.20 and has touched a high and low of Rs. 2650.00 and Rs. 2615.15 respectively. So far 19058 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3258.40 on 01-Aug-2024 and a 52 week low of Rs. 2026.90 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 2681.40 and Rs. 2524.00 respectively. The current market cap of the company is Rs. 303549.53 crore.
The promoters holding in the company stood at 73.97%, while Institutions and Non-Institutions held 18.57% and 7.46% respectively.
Adani Enterprises’ arm completes acquisition of 85.1% stake in Air Works India (Engineering)
The acquisition aims to expand company’s footprint in the Aircraft Services & MRO industry.
Adani Enterprises’ wholly owned subsidiary -- Adani Defence Systems and Technologies (ADSTL) has completed the acquisition of 85.1% stake in Air Works India (Engineering) (AWIEPL) on July 1, 2025.
Pursuant to this, AWIEPL has become a step-down subsidiary of the company. The acquisition aims to expand company’s footprint in the Aircraft Services & MRO industry.
Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.
