Adani Transmission surges on incorporating utterly owned subsidiary

Adani Transmission surges on incorporating utterly owned subsidiary

by admin- Friday, December 14th, 2018 05:00:32 PM

Adani Transmission is currently trading at Rs. 225.10, up by way of 5.30 factors or 2.41% from its previous final of Rs. 219.Eighty on the BSE.

The scrip opened at Rs. 222.00 and has touched a excessive and low of Rs. 225.65 and Rs. 222.00 respectively. So some distance 1462 shares had been traded at the counter.

The BSE group ‘A’ inventory of face cost Rs. 10 has touched a 52 week high of Rs. 256.30 on 28-Nov-2018 and a 52 week low of Rs. 115.00 on 24-May-2018.

Last one week high and coffee of the scrip stood at Rs. 226.60 and Rs. 201.80 respectively. The contemporary marketplace cap of the company is Rs. 24173.83 crore.

The promoters retaining in the enterprise stood at 74.Ninety two%, while Institutions and Non-Institutions held 22.Ninety% and a couple of.19% respectively.

Adani Transmission has integrated an entirely owned subsidiary (WOS) specifically, ‘AEML Infrastructure’ (AIL) on December 12, 2018. AIL is yet to begin its enterprise operations. The organization has incorporated subsidiary for transmission, distribution and deliver of power and different infrastructure offerings concerning thereto.

News Updates