Business Standard

Adani Enterprises Share Price

Know More
NSEBSE

3209.90-32.10 (-0.99%)

03:54 PM,12th Apr 2024

3208.75-33.40 (-1.03%)

04:01 PM,12th Apr 2024

BSE : 512599

NSE : ADANIENT

Sector : Others

ISIN Code : INE423A01024

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Apr 12 2024 | 04:01 PM IST

Market Cap (₹ Cr)

365928

Turnover (₹ Cr)

22.64

Volume (Shares)

705173

Face Value

1

52-WK High

3350.00

52-WK High Date

04 Mar 2024

52-WK Low

1775.80

52-WK Low Date

24 Apr 2023

All Time High

4190.00

All Time High Date

21 Dec 2022

All Time Low

2.65

All Time Low Date

28 May 1996

Adani Enterprises Ltd

Adani Enterprises Limited [AEL] is a part of the Adani portfolio of companies which is best known for executing large-scale projects in the energy and infrastructure sectors in India. AEL is recognised as India's largest listed business incubator focusing on four core sectors; energy and utility, transportation and logistics; consumer goods; and primary industry. Adani Enterprises is a balanced combination of well-established ventures and emerging enterprises, all dedicated to meeting India's evolving needs. Currently, Adani Enterprises share price is around Rs 3,218 and its market capitalization is Rs 3.67 trillion.
 
Adani Enterprises Limited (AEL) has a track record of fostering new business interests nurturing them into significant and self-sustaining entities and subsequently spinning them off into independently listed and expandable units. AEL's strategic approach generated huge value for shareholders, demonstrating AEL's expertise in creating sustainable infrastructure businesses since 1993.
 
Since the beginning of Adani Enterprises Limited, it has listed six highly successful companies including Adani Ports and Special Economic Zone Limited, Adani Power Limited, Adani Transmission Limited, Adami Green Energy Limited, Axami Wilmar Limited and Adani Total Gas Limited. It has been providing returns to shareholders for over a period of 25 years.
Adani Enterprises Limited History
The journey of Adani Enterprises Limited was incorporated in 1993 under the name of Adani Exports LImited dealing mainly with the group's integrated resources management, power trading and natural resources businesses. Its general purpose is to act as an in-house incubator for Adani Group's new businesses until they become self-sustainable. 
 
Through various subsidiaries, Adani Enterprises are involved in edible oils and staple foods, solar PV manufacturing, water infrastructure, airport operations, road infrastructure, agri-output storage and distribution, defences and aerospace, shipping, bunkering, oil exploration, rail and metro infrastructure, petrochemicals, mass media, green hydrogen, aluminium, online services and cement.

  • The company has raised the QIP of $850 million and acquired Carmichael Mine Australia
  • In 2015, the AEL completed the demerger of APSEZ, APL and ATL.
  • In 2017, it entered into the solar business and started manufacturing Solar PV panels.
  • 2018 was the year when companies like Adani Green Energy and Adan Gas demerged and in the same year, Fortune emerged as India's largest food FMCG brand in India.
  • The year 2019 was a transformative year for Adani and it emerged as the largest IRM player in the world.
  • Adani enterprise forayed into the Airports business with a portfolio of 6 airports.
  • In 2021, the company entered into a JV with EdgeConnex to form Adani Connex to develop and operate Data Centers across India. The company has also acquired a 23.5 per cent stake in India's leading airport, i.e., Mumbai Airport.
  • The company had a complete acquisition of Mumbai and Navi Mumbai airports in 2022. Adani Wilmar Limited IPO subscribed over 17 times.
  • The company inaugurated its first data centre commissioned in Chennai. The NDTV acquisition by AMG Media was also done in 2023 and apart from this, the company also launched the "Adani One" application for customers.
Adani Enterprises Limited Operations
Adani Enterprises Limited is a flagship company of the Adani Group that believes in the philosophy of incubating stellar infrastructural assets to cater to India's underserved sectors. The portfolio of Adani Enterprises is split into energy & utilities, transport & logistics and emerging businesses.
 
Since the listing of the Company in 1994, the company maximised stakeholders' values, contributing to building the nation. Currently, Adani Enterprises focuses on business related to roads, airports, data centres, solar manufacturing, defence and airports, edible oils and foods, mining, water management, mining, integrated resource solutions and integrated agri products.
Adani Enterprises Awards and Recognition
  • AEL was the runner-up for the Best CSR Excellence award in Healthcare, Munda at ASSOCHAM Award for Healthcare ‘22 which was held in 2023.
  • Received Diamond Award for exemplary Work on Empowering Rural Women, Mundra at the QCFI Awards ’23.
  • Fortune SuPoshan received "CSR Project of the Year"  at the 8th CSR Impact Awards 2022.
  • Adani Foundation won the "My Liveable Bharuch" trophy for its contribution to CSR in Bharuch District 2023.
  • Fortune SuPhoshan received the TImes CSR Awards for healthcare services in 2022.
  • AEL won second prize for ‘Best Industry for CSR activities’ in the 3rd National Water Award 2022.
  • Adani Ports & SEZ (APSEZ) won the ‘Honorary Special Mention Award’ in 2019 at the National Corporate Social Responsibility Awards.
  • Adani Enterprises Limited received the ‘Best Corporate Foundation’ (ASDC) in the CSR Times Award 2019.
  • It also received the Bhamashah Award from the Rajasthan government for facilitating infrastructure at the government schools in Kawai.
Adani Enterprises Limited  in News
Opposition to Carmichael mine
A huge protest erupted in Australia because of the Carmichael coal mine project since it was proposed in 2010. Environmental groups pressured financial institutions and international banks to not lend to the project. Consequently, there was a long delay in securing environmental clearance. Then Adami Group scaled down the mine's capacity and self-financed the project in 2018. 
 
An indigenous group seeks invalidation of indigenous land used in the agreement which was proved by its representatives, however, the appeal was dismissed by the Federal Court in 2019. Finally, the mine made its first shipment of coal in December 2021.
Allegations of stock manipulation
On January 24, 2023, Hindenburg Research published the findings of a two-year investigation claiming that Adani engaged in market manipulation and accounting malpractices. The report of Hindenburg mentions that the company was holding short positions on Adani Group companies. Bonds and shares of companies associated with Adani experienced a decline in value after the accusations. However, the Adani Group termed the fraud allegations as “unfounded and ill-intentioned.” On January 26, 2023, Adani Group expressed its intention to take legal action against Hindenburg.

Adani Enterprises Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

365928

EPS - TTM (₹) [S]

22.46

P/E Ratio (X) [S]

24.16

Face Value (₹) 1
Latest Dividend (%)120.00
Latest Dividend Date 07 Jul 2023
Dividend Yield (%) 0.04
Book Value Share (₹) [S]132.86
P/B Ratio (₹) [S]24.16
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
SBI Nifty 50 ETF 1508.55 4718492 0.85
Kotak Equity Arbitrage Fund (G) 838.09 2621400 2.09
Kotak Equity Arbitrage Fund (IDCW-M) 838.09 2621400 2.09
Kotak Equity Arbitrage Fund - Direct (IDCW-M) 838.09 2621400 2.09
Kotak Equity Arbitrage Fund - Direct (G) 838.09 2621400 2.09
ICICI Pru Equity - Arbitrage Fund (G) 471.51 1474800 2.66
ICICI Pru Equity - Arbitrage Fund (IDCW) 471.51 1474800 2.66
ICICI Pru Equity - Arbitrage Fund - Direct (G) 471.51 1474800 2.66
ICICI Pru Equity - Arbitrage Fund - Direct (IDCW) 471.51 1474800 2.66
UTI-Nifty 50 ETF 427.63 1337541 0.85

Load more

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

3205.30

3247.50

Week Low/High

3178.95

3255.00

Month Low/High

2850.15

3292.00

Year Low/High

1775.80

3350.00

All time Low/High

2.58

4190.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.37%-0.46%0.000.03%
1 Month2.86%2.80%0.780.82%
3 Month3.40%3.41%2.312.85%
6 Month28.07%28.07%11.8013.77%
1 Year73.76%73.77%22.9426.43%
3 Year198.28%198.76%55.0557.36%

Company Info

Company Information

Executive Chairman : Gautam S Adani

Managing Director : Rajesh S Adani

Executive Director : Pranav Adani

Company Sec. & Compli. Officer : Jatin Jalundhwala

Independent Director : Hemant Nerurkar

Independent Director : Venkataraman Subramanian

Independent Director : Vijaylaxmi Joshi

Independent Director : Narendra Mairpady

Executive Director : Vinay Prakash

Independent Director : Omkar Goswami

Registered Office: Adani Corporate House, Shantigram SG Highway Khodiyar,Ahmedabad,Gujarat-382421 Ph: 91-79-26565555

Email:info@adani.com investor.relations@adani.in jatin

URL:http://www.adani.com