Tag: ADANI

 Adani Enterprises Sees Positive Trading Surge Today

Posted on by Btech Traders

On the last trading day, Adani Enterprises opened at ₹2259.95 and closed at ₹2223.85, experiencing a decline. The stock reached a high of ₹2422.10 and a low of ₹2247.95 during the session. The company’s market capitalization stood at ₹256,822.5 crore. Over the past year, the stock has seen a 52-week high of ₹3743 and a low of ₹2030, with a trading volume of 136,499 shares on the BSE.

The share price of Adani Enterprises has increased by 0.65% today, reaching ₹2397.75, mirroring the performance of its peers. Companies like Coal India, Sindhu Trade Links, Stratmont Industries, and Emergent Industrial Solutions are also experiencing gains. In general, the benchmark indices Nifty and Sensex have risen by 0.06% and 0.29%, respectively.

A higher futures price along with higher open interest in Adani Ent suggests that it may experience positive price movement in the coming days, so traders can continue to hold their long positions.

 

 

Adani Enterprises likely to demerge airport business and list by 2027-28

Posted on by Btech Traders

Adani Enterprises, which already manages seven significant airports in India, including those in Mumbai and Navi Mumbai, is growing its presence in the aviation industry. This demerger coincides with this growth. The corporation intends to increase service offerings and infrastructure in addition to making large investments in airport operations.The move to split off the airport company is consistent with Adani Group’s standard practice of nurturing ventures under Adani Enterprises until they are ready to be spun out into separate companies. The group’s growth strategy has always been characterised by this approach, which enables targeted management and investments in niche markets.

The proposed demerger is anticipated to set Adani’s airport operations up for future success as the country’s aviation sector is predicted to grow significantly. This would allow for more focused investments and operational approaches that are specifically designed to meet the demands of the aviation market.