Adani Enterprises inches up with it arm acquiring stake in Alpha Design Technologies

Adani Enterprises inches up with it arm acquiring stake in Alpha Design Technologies

by admin- Friday, December 14th, 2018 05:18:25 PM

Adani Enterprises is currently buying and selling at Rs. 156.Eighty, up with the aid of 1.00 points or zero.64% from its preceding ultimate of Rs. A hundred and fifty five.Eighty on the BSE.

The scrip opened at Rs. 156.00 and has touched a excessive and occasional of Rs. 156.95 and Rs. 154.20 respectively. So a ways 345535 stocks had been traded on the counter.

The BSE institution ‘A’ stock of face cost Rs. 1 has touched a fifty two week high of Rs. A hundred and eighty.00 on 02-Nov-2018 and a fifty two week low of Rs. 73.87 on 02-Jul-2018.

Last one week high and occasional of the scrip stood at Rs. 158.30 and Rs. 137.50 respectively. The present day marketplace cap of the agency is Rs. 17096.55 crore.

The promoters maintaining within the enterprise stood at seventy four.Ninety two%, at the same time as Institutions and Non-Institutions held 21.62% and 3.Forty six% respectively.

Adani Enterprises’ completely owned subsidiary – Adani Defence Systems and Technologies has obtained stake in Alpha Design Technologies. The price of acquisition is Rs 400 crore. Alpha Design Technologies gives Adani Defence & Aerospace a strong Tier-I capability for constructing a base for graduating to platform capabilities.

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