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Adani Enterprises crosses Rs 1 trillion market capitalisation

Adani Enterprises became the third Adani Group company after Adani Green Energy (Rs 1.85 trillion market cap) and Adani Ports (Rs 1.52 trillion market-cap) to achieve the feat

Industry sources said Adani Group will pay close to Rs 15,000 crore for the total transaction
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Adani Airports, a subsidiary of Adani Enterprises, last month completed the acquisition of a 23.5 per cent stake in Mumbai International Airport (MIAL)

SI Reporter Mumbai
Adani Enterprises joined the elite club of companies with Rs 1-trillion market capitalization (market-cap) on the BSE, after its share price hit a new high of Rs 911, rallying 4 per cent in intra-day trade on Wednesday.

With the market-cap of Rs 1 trillion, at 11:58 am, Adani Enterprises stood at number 39th position in the overall market-cap ranking, the BSE data shows.

Adani Enterprises is the flagship company of Adani Group and has a current portfolio of robust businesses. The next-generation of its strategic business investments are centred on the fields of solar PV manufacturing, airport management, technology parks, and water