Adani Enterprises Limited

Equities

ADANIENT

INE423A01024

Diversified Industrial Goods Wholesale

Market Closed - Bombay S.E. Other stock markets 03:30:53 16/07/2024 pm IST			5-day change	1st Jan Change
3,110 ^INR	+0.64%		+0.04%	+9.16%

16/07	Adani, Wilmar Are Said To Weigh Selling $670 Million Stake In JV- Bloomberg News	RE
02/07	Kotak Mahindra says Hindenburg was not an investor in its fund	RE

India's Adani to invest $24 billion in Gujarat in five years

January 10, 2024 at 11:01 am IST

GANDHINAGAR, India (Reuters) - Indian conglomerate Adani Group will invest 2 trillion rupees ($24 billion) in five years in the green energy and renewable energy sectors in the western state of Gujarat, its chairman Gautam Adani said on Wednesday at an investment summit.

($1 = 83.1740 Indian rupees)

(Reporting by Aditya Kalra, Dhwani Pandya; Writing by Shivam Patel; Editing by YP Rajesh)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
ADANI ENTERPRISES LIMITED	3,110 INR	+0.64%	+0.04%	42.43B
TOPIX INDEX	2,915 PTS	+0.37%	+0.21%	-
ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED	1,499 INR	+0.27%	+1.42%	38.75B
ADANI ENERGY SOLUTIONS LIMITED	1,022 INR	+0.88%	+1.87%	13.65B
AMBUJA CEMENTS	685.2 INR	+0.19%	+1.15%	20.2B

Latest news about Adani Enterprises Limited

Adani, Wilmar Are Said To Weigh Selling $670 Million Stake In JV- Bloomberg News	16/07	RE
Kotak Mahindra says Hindenburg was not an investor in its fund	02/07	RE
Hindenburg denies Indian regulator's allegations on Adani short bet	02/07	RE
Hindenburg receives 'show cause' letter from Indian markets regulator	02/07	RE
Adani CFO calls some regulator notices group received 'trivial'	25/06	RE
India's Adani Group to increase capex to $15.6 bln in fiscal 2025, CFO says	25/06	RE
India's Adani Group sees fiscal 2025 capex at $15.6 bln, CFO says	25/06	RE
Adani Group Set to Capitalise on Opportunities in Infra Space	25/06	CI
Adani, Hindalco show interest as Hindustan Copper plans to develop two mines, source says	24/06	RE
India's Adani Group 'well positioned' to capitalise on country's infra spending, chairman says	24/06	RE
Indian Shares Fall on Friday Due to Profit Booking, Weak Global Sentiment	21/06	MT
Adani's Defense and Aerospace Arm, UAE's EDGE Group Tie Up for Defense, Security Cooperation	11/06	MT
Adani Enterprises, Edelweiss Fund Reportedly Among 20 Companies in Fray for IL&FS' Road Assets	10/06	CI
Adani Enterprises' Airport Management Arm Sees 7% Jump in Handled Cargo in Fiscal 2024	10/06	MT
Indian airports' FY25 profit to grow 35% on strong demand, says CAPA India	07/06	RE
Industrials Decline on Growth Fears - Industrials Roundup	05/06	DJ
Indian Shares Plunge as Modi-Led Coalition Stares at Narrow Victory Margin -- Update	04/06	DJ
Indian Equities Plunge as Ruling Party Struggles to Secure Majority	04/06	MT
INDIA STOCKS-Indian shares see worst session in 4 years as lead narrows for Modi's alliance	04/06	RE
INDIA STOCKS-Indian shares see worst session since pandemic on narrower lead for Modi's alliance	04/06	RE
INDIA STOCKS-Indian shares fall 3% as early lead for Modi's alliance below expectations	04/06	RE
India's Adani Group rallies on infrastructure bets as Modi seen retaining power	03/06	RE
INDIA STOCKS-India's blue-chips hit record highs on hopes of third term for Modi	03/06	RE
Mahan Energen Limited agreed to acquire Stratatech Mineral Resources Pvt Limited from Adani Enterprises Limited.	03/06	CI
INDIA STOCKS-Indian shares set to open lower on weak global cues, election jitters	30/05	RE

Chart Adani Enterprises Limited

Duration

Period

More charts

Company Profile

Adani Enterprises Limited is a diversified group organized around 5 areas of activity: - logistics and supply services (66.9% of net sales); - mining extraction services (3.8%); - manufacturing of photovoltaic panels (3.5%); - airport management (3.4%): ownership, at the end of March 2022, of 6 airports in India; - other (22.4%): manufacturing of food products, production of palm oil, production of sugar, storage, handling and transportation of fruit, manufacturing of aeronautical and defense systems, construction of roads, highways and rail infrastructure, construction of data centers, development and rehabilitation of wastewater treatment plants and related infrastructure, etc. Net sales break down by source of revenue mainly between sales of products (85.7%) and services (14.2%). India accounts for 60.3% of net sales.

Sector

Diversified Industrial Goods Wholesale

Calendar

01/08/2024 - Q1 2025 Earnings Release (Projected)

Related indices

NIFTY 50 , NIFTY 100

More about the company

Income Statement Evolution

More financial data

Ratings for Adani Enterprises Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3,110 INR

Average target price

4,069 INR

Spread / Average Target

+30.84%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Diversified Industrial Goods Wholesale

	1st Jan change	Capi.
ADANI ENTERPRISES LIMITED	+9.16%	42.43B
MITSUBISHI CORPORATION	+50.52%	85.84B
ITOCHU CORPORATION	+41.60%	73.07B
MITSUI & CO., LTD.	+42.58%	70.82B
MARUBENI CORPORATION	+40.81%	32.2B
SUMITOMO CORPORATION	+33.49%	30.99B
TOYOTA TSUSHO CORPORATION	+15.33%	21.23B
SAMSUNG C&T CORPORATION	+17.45%	17.74B
BUNZL PLC	+0.25%	13.8B
POSCO INTERNATIONAL CORPORATION	-16.03%	6.63B

Diversified Industrial Goods Wholesale