Adani Enterprises gains on incorporating wholly owned subsidiary
Adani Enterprises is currently trading at Rs 2567.25, up by 17.30 points or 0.68% from its previous closing of Rs 2549.95 on the BSE.
The scrip opened at Rs 2550.20 and has touched a high and low of Rs 2576.15 and Rs 2550.20 respectively. So far 16785 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 3069.85 on 06-Nov-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 2579.70 and Rs 2536.20 respectively. The current market cap of the company is Rs 296162.78 crore.
The promoters holding in the company stood at 73.97%, while Institutions and Non-Institutions held 18.55% and 7.47% respectively.
Adani Enterprises (AEL) has incorporated a Wholly Owned Subsidiary (WOS) namely ‘Sultanganj Sabour Road’ (SSRL) for Construction of Ganga Path Connecting Sultanganj-Bhagalpur-Sabour Road in the State of Bihar on Hybrid Annuity Mode. SSRL has been incorporated in India on October 21, 2025 and registered with Registrar of Companies, Ahmedabad. AEL shall hold 100% share capital of SSRL.
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.
