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Adani Enterprises is trading higher by 3% at Rs 519 on National Stock Exchange (NSE) in otherwise subdued market after the company has tied up with Australia's Woodside Energy to source liquefied natural gas (LNG), and for oil & gas exploration and production opportunities.
"Adani Enterprises has signed a memorandum of understanding (MoU) with Australian energy major Woodside Energy for cooperation for exploring business opportunities across a broad spectrum in oil and gas sector in India, as part of the Vibrant Gujarat initiative," the company said in a statement.
Meanwhile, Adani Enterprises and Solar power firm SunEdison have signed a MOU to establish a joint venture to build the largest vertically integrated solar photovoltaic manufacturing facility in India with an investment of up to $4 billion (Rs 25,000 crore).
The stock opened at Rs 511 and touched high of Rs 521 on NSE so far. A combined 774,009 shares changed hands on the counter till 0948 hours on NSE and BSE.
"Adani Enterprises has signed a memorandum of understanding (MoU) with Australian energy major Woodside Energy for cooperation for exploring business opportunities across a broad spectrum in oil and gas sector in India, as part of the Vibrant Gujarat initiative," the company said in a statement.
Meanwhile, Adani Enterprises and Solar power firm SunEdison have signed a MOU to establish a joint venture to build the largest vertically integrated solar photovoltaic manufacturing facility in India with an investment of up to $4 billion (Rs 25,000 crore).
The stock opened at Rs 511 and touched high of Rs 521 on NSE so far. A combined 774,009 shares changed hands on the counter till 0948 hours on NSE and BSE.
