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Adani Enterprises Ltd Share Price (ADANIENT)

₹3142.952.09%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Adani Enterprises Ltd

What's happening in Adani Enterprises Ltd

  • img

    Today's Timeline - 15 Apr

    06:07 AM

    -

    Adani Global to acquire 49% stake in Adani Easysoft Smart Solutions.

    09:32 AM

    -

    Adani Enterprises' stock fell nearly 2% after subsidiary executed shareholders agreement for acquiring a 49% stake in Adani Esyasoft Smart Solutions.

    01:10 PM

    -

    Ambuja Cements, owned by Adani Group, acquires My Home Groups cement grinding unit in Tuticorin for Rs 413.75 crore.

Key events for Adani Enterprises Ltd

  • Adani Group's Ambuja Cements Acquires Cement Grinding Unit - 15 Apr, 2024

    Adani Group-owned Ambuja Cements acquired My Home Groups cement grinding unit in Tuticorin for Rs 413.75 crore. Meanwhile, Adani Global is set to acquire a 49% stake in Adani Easysoft Smart Solutions. The company's stock fell nearly 2% on the NSE following the announcement.

  • LIC's Investments in Adani Group Companies Rise by 59% - 14 Apr, 2024

    State-owned insurance giant LIC has seen a strong rise of 59% in the value of its investments in Adani group companies during FY23-24, following a recovery by the conglomerate after a tumultuous period triggered by a critical short-seller report.

  • Adani Invests in Renewable Energy Expansion; Acquires Stake in Adani Esyasoft - 13 Apr, 2024

    Adani Group plans to invest Rs 2.3 lakh crore in India's most ambitious renewable energy expansion and solar/wind manufacturing capacity addition ever. Additionally, Adani Enterprises' subsidiary, Adani Global, will acquire a 49% stake in Adani Esyasoft Smart Solutions, Abu Dhabi.

  • Adani Group Targets Expansion in Cement Market and Acquires Stake in Adani Esyasoft Smart Solutions - 12 Apr, 2024

    Adani Group is targeting to capture 20% of the Indian cement market by FY28, expanding its capacity and executing an accelerated capex program through internal accruals. Additionally, Adani Global Ltd. will acquire a 49% stake in Adani Esyasoft Smart Solutions Ltd., Abu Dhabi. Adani Enterprises' shares were down 1.03% on BSE.

  • Adani Enterprises Sees Stake Increase by Rajiv Jains GQG Partners and Mutual Funds - 11 Apr, 2024

    Rajiv Jains GQG Partners increased its stake in Adani Enterprises, while mutual funds also upped their stake. FPIs were seen trimming their stake in the company despite a 12% gain in the March quarter. LIC maintained its position.

  • Adani Group's Terravista Developers Acquires Land Parcel for Data Center - 10 Apr, 2024

    Terravista Developers, a company of the Adani Group, has acquired leasehold rights to a 25-acre land parcel in Pimpri near Pune from Finolex Industries for Rs 470 crore. The land is planned to be developed into a large data center by AdaniConneX, a joint venture between Adani Enterprises and US-based EdgeConneX.

  • Adani Group Announces Massive Investment Plan for Renewable Energy and Manufacturing - 08 Apr, 2024

    The Gautam Adani-led Adani Group has announced its plan to invest Rs 2.3 trillion in renewable energy and manufacturing capacity by 2030.

  • Adani Plans Major Expansion in Renewable Energy Manufacturing - 07 Apr, 2024

    Adani Enterprises' subsidiary Adani New Industries plans to invest close to Rs 30,000 crore in expanding solar cell and wind turbine manufacturing capacity at Mundra in Gujarat. The company also aims to generate 45 GW of renewable power by 2030 and become India's first integrated renewable energy player.

  • Adani Group's Gautam Adani Ranked Second Richest Indian - 04 Apr, 2024

    Gautam Adani, the head of Adani Group, is ranked as the second richest Indian and 17th on the global list with a net worth of $84 billion. This is up from $47.2 billion in 2023 when his conglomerate was hit by allegations from US short-seller Hindenburg Research. The group has denied all allegations.

  • Adani Group Faces Allegations of Stock Manipulation - 03 Apr, 2024

    The Congress party is demanding answers from the government regarding allegations of stock manipulation by the Adani Group. The Securities and Exchange Board of India (SEBI) has been tasked with investigating these claims and submitting a report to the Supreme Court. Meanwhile, Gautam Adani continues to expand his conglomerate and invests in new projects.

  • Adani Enterprises Set for Growth Led by Copper Unit Expansion - 02 Apr, 2024

    Analysts predict a positive outlook for Adani Enterprises, with Jefferies India expecting a 17% upside driven by the commissioning of its copper unit's first phase. Deven Choksey also favors Adani stocks over Birla stocks due to steady growth and debt reduction.

  • Adani's Copper Refinery Project Marks Entry Into New Business - 01 Apr, 2024

    Jefferies India Pvt. notes that Adani's greenfield copper refinery project is one of the largest single-location custom smelters in the world and maintains a buy rating on Adani Enterprises with a target price of Rs 3,800 apiece.

  • Adani Enters Metals Refining with $1.2B Copper Plant - 31 Mar, 2024

    Adani Enterprises has announced its foray into metals refining with a $1.2 billion copper manufacturing plant in Mundra, Gujarat. The move puts India on par with China and other nations expanding copper production, which is crucial for transitioning away from fossil fuels.

  • Adani Group Expands into Copper Refinery and Smart Meters - 29 Mar, 2024

    Adani Enterprises' subsidiary Kutch Copper has commissioned the first phase of its $1.2bn copper refinery in Gujarat, which will help cut India's dependence on imports and aid energy transition. Meanwhile, Adani Energy Solutions is seeking a $600m loan for smart meter projects as India plans to deploy 250 million nationwide. The Adani Group's investment in the energy transition makes the copper business a strategic fit.

  • Adani Enterprises' Subsidiary Commissions Copper Refinery Project - 28 Mar, 2024

    Adani Group's subsidiary, Kutch Copper, commissions its first unit of greenfield copper refinery project at Mundra. Gautam Adani's family infuses Rs 6,661 crore into Ambuja Cement, increasing its stake to 66.7%. Adani Energy Solutions seeks a credit facility for up to $600 million.

  • India's Gautam Adani Ranks Third on Bloomberg Billionaires Index - 27 Mar, 2024

    Gautam Adani, founder of the Adani Group, ranks third on the Bloomberg Billionaires Index with a net worth of $97.9 billion, three spots behind Mukesh Ambani. India saw 84 new additions to its ultra-rich list, thanks to the country's fastest-growing economy.

  • Adani Enterprises Acquires Gopalpur Port, Attracts Investor Interest - 26 Mar, 2024

    Adani Enterprises acquires Gopalpur Port, expanding its east coast capacity. US investor GQG Partners bets big on Adani Group stocks as analysts predict strong growth.

  • Adani Enterprises Targets Green Hydrogen Opportunity, Denies Bribery Charges - 22 Mar, 2024

    Jefferies India Pvt. reports that Adani Enterprises' subsidiary ANIL is targeting the green hydrogen opportunity and denies bribery charges. The brokerage maintains a buy rating for the stock with a target price of Rs 3,168.10 apiece.

  • Jefferies' Breakout Moment with Adani Power Block Trade - 21 Mar, 2024

    Jefferies became the breakout moment for Wall Street's challenger investment bank by being the sole broker on India's largest block trade, GQG Partners' $1.1 billion into Adani Power as part of a larger $1.87 billion bet across three Adani Group companies.

  • Adani Enterprises Subsidiary Acquires Remaining Stake in Adani Green Technology - 20 Mar, 2024

    Adani Enterprises subsidiary, Adani Tradecom Limited, has acquired the remaining 49% stake in Adani Green Technology Ltd for Rs 4 lakh, while a JP Morgan report ruled out bribery allegations against the group. However, scrutiny over the conglomerate's oversight continues following Hindenburg Research's attack.

Analyst Rating for Adani Enterprises Ltd stock

based on 2 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Adani Enterprises Ltd. An average target of ₹4244

Source: S&P Global Market Intelligence

Adani Enterprises Ltd share Performance

  • ₹3142
    ₹3144.95
    ₹3142.95
    downward going graph

    0.03%

    Downside

    Day's Volatility:0.09%

    Upside

    0.06%

    downward going graph
  • ₹1775.8
    ₹3350
    ₹3142.95
    downward going graph

    43.50%

    Downside

    52 Weeks Volatility:50.09%

    Upside

    6.59%

    downward going graph
1 Month Return2.48 %
3 Month Return3.9 %
1 Year Return70.85 %
Previous Close₹3,208.75
Open₹3,142.80
Volume7.05L
Upper Circuit-
Lower Circuit-
Market Cap₹3,65,928.96Cr

Adani Enterprises Ltd Company Information

Adani Enterprises Ltd is an Indian conglomerate founded by Gautam Adani in 1988. It is India's largest integrated infrastructure conglomerate with operations in ports, power, transmission, gas distribution and coal mining. The company is headquartered in Ahmedabad, Gujarat, and has a presence in over 10 countries.

Adani Enterprises Ltd has a diverse portfolio of businesses, including energy, resources, logistics, agribusiness, real estate, financial services, and defense. It operates in six main lines of business: energy, resources, logistics, agribusiness, real estate, and financial services.

Share Price: ₹3142.95 per share as on 15 Apr, 2024 02:32 PM
Market Capitalisation: ₹3,65,928.96Cr as of today
Revenue: ₹28,336.38Cr as on December 2023 (Q4 23)
Net Profit: ₹1,917.67Cr as on December 2023 (Q4 23)
Listing date: 12 May, 1995
Chairperson Name: Gautam S Adani
OrganisationAdani Enterprises Ltd
Headquarters
IndustryTrading
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Fundamentals of Adani Enterprises Ltd

Insights on Adani Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 23.06K Cr → 28.82K Cr (in ₹), with an average increase of 20.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

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    Mutual Funds have increased holdings from 1.49% to 1.71% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 227.82 Cr → 1.88K Cr (in ₹), with an average increase of 87.9% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, ADANIENT stock has moved up by 2.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Veritas India Ltd has given 1861.5% return, outperforming this stock by 1677.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

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    Promoters holdings remained unchanged at 72.61% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Veritas India Ltd has given 828.8% return, outperforming this stock by 757.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 14.65% to 14.41% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 7.29% to 7.21% in Mar 2024 quarter

Adani Enterprises Ltd Valuation

Adani Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.41x)

March 23, 2020

Today (104.15x)

April 12, 2024

Industry (106.45x)

April 12, 2024

Highest (437.23x)

September 20, 2022

LowHigh

Adani Enterprises Ltd Mutual Fund Holdings

Funds Holdings
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth2.09%
ICICI Prudential Equity Arbitrage Fund Direct Plan GrowthICICI Prudential Equity Arbitrage Fund Direct Plan Growth2.66%
Nippon India Arbitrage Fund Direct Plan GrowthNippon India Arbitrage Fund Direct Plan Growth2.09%
Edelweiss Arbitrage Fund Direct GrowthEdelweiss Arbitrage Fund Direct Growth2.44%
Aditya Birla Sun Life Arbitrage Fund Direct Plan GrowthAditya Birla Sun Life Arbitrage Fund Direct Plan Growth1.96%

Adani Enterprises Ltd Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
72.61%
0.00
Foreign Institutions
14.41%
0.00
Mutual Funds
1.71%
0.00
Retail Investors
7.21%
0.00
Others
4.05%
0.00

Technicals of Adani Enterprises Ltd share

News & Events of Adani Enterprises Ltd

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Adani Enterprises Ltd (ADANIENT) share price today is ₹3142.95

Adani Enterprises Ltd is listed on NSE

Adani Enterprises Ltd is listed on BSE

  • Today’s highest price of Adani Enterprises Ltd is ₹3144.95.
  • Today’s lowest price of Adani Enterprises Ltd is ₹3142.

PE Ratio of Adani Enterprises Ltd is 104.15

PE ratio = Adani Enterprises Ltd Market price per share / Adani Enterprises Ltd Earnings per share

Today’s traded volume of Adani Enterprises Ltd(ADANIENT) is 7.05L.

Today’s market capitalisation of Adani Enterprises Ltd(ADANIENT) is ₹365928.96Cr.

Adani Enterprises Ltd(ADANIENTPrice
52 Week High
₹3350
52 Week Low
₹1775.8

Adani Enterprises Ltd(ADANIENT) share price is ₹3142.95. It is down -6.18% from its 52 Week High price of ₹3350

Adani Enterprises Ltd(ADANIENT) share price is ₹3142.95. It is up 76.99% from its 52 Week Low price of ₹1775.8

Adani Enterprises Ltd(ADANIENTReturns
1 Day Returns
-66.95%
1 Month Returns
2.48%
3 Month Returns
3.9%
1 Year Returns
70.85%