close

Adani Enterprises underperforms in run-up to FPO; slips 14% in last 1 month

Adani Enterprises is planning to launch its Rs 20,000-crore follow-on public offer (FPO) before the Union Budget on February 1

SI Reporter Mumbai
Photo: Bloomberg
Premium

Photo: Bloomberg

Shares of Adani Enterprises were nearly 2 per cent lower at Rs 3,577.50 on the BSE in Wednesday’s firm intra-day trade. In comparison, the S&P BSE Sensex was up 0.32 per cent at 60,847 at 10:29 AM. In the past one month, the stock price of Adani Group’s flagship company has declined 14 per cent ahead of its follow-on public offer (FPO), through which it aims to raise up to Rs 20,000 crore.
Or

Also Read

Adani FPO could be India's largest-ever; board to approve proposal on Fri

What is a follow-on public offer?

Adani Enterprises' Rs 20,000-crore FPO likely before Budget 2023

Adani Enterprises to raise Rs 20,000 crore through follow-on public offer

TMS Ep313: GST share of states, China plus one, Markets, FPO

ICICI Lombard slips 6% on disappointing Q3 results

MARKET LIVE: Sensex up 200pts, Nifty tests 18,100 led by metals, financials

Stocks to Watch: ITC, IndusInd Bk, Adani Transmission, Tata Metaliks, RVNL

ICICI Prudential Life Insurance net profit drops 29% YoY in Dec quarter

Sebi returns Lava Intl's draft IPO papers; asks to refile with updates

Adani Enterp.

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Jan 18 2023 | 10:44 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com