Adani Enterprises rises as its arm incorporates Joint Venture Company with Indoport Logistics
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Adani Enterprises is currently trading at Rs. 2865.55, up by 41.20 points or 1.46% from its previous closing of Rs. 2824.35 on the BSE.
The scrip opened at Rs. 2839.90 and has touched a high and low of Rs. 2871.10 and Rs. 2823.70 respectively. So far 14695 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3743.00 on 03-Jun-2024 and a 52 week low of Rs. 2142.30 on 20-Nov-2023.
Last one week high and low of the scrip stood at Rs. 3099.65 and Rs. 2814.70 respectively. The current market cap of the company is Rs. 330413.09 crore.
The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 17.75% and 7.36% respectively.
Adani Enterprises’ wholly owned subsidiary -- Adani Airport Holdings (AAHL) has incorporated a Joint Venture Company (JV) with Indoport Logistics namely ‘Smartport City’ (SCL) on October 22, 2024.
SCL is incorporated for the purpose of engaging in the business of design, development, operation and maintenance of airport cargo Infrastructure including integrated warehousing and warehouse management. Adani Airport Holdings hold 74% share capital of SCL.
Adani Enterprises is the flagship company of Adani Group, one of India’s largest business organisations.
