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Adani Enterprises hits fresh record high, surges 11% in 2 days

The firm surpassed its previous high of Rs 1,335, touched in January 2008, before the restructuring of its businesses

Industry sources said Adani Group will pay close to Rs 15,000 crore for the total transaction
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Industry sources said Adani Group will pay close to Rs 15,000 crore for the total transaction

SI Reporter Mumbai
Adani Enterprises shares rose 3 per cent, on Wednesday, and hit a new high of Rs 1,461.45 in intra-day trade on the BSE, thus surging 11 per cent in the past two trading days. The flagship company of the Gautam Adani led-Adani Group company has now surpassed its previous high of Rs 1,335, touched in January 2008, before the restructuring of its businesses.

Currently, Adani Enterprises (AEL), on a standalone basis, has mainly integrated resources management (IRM) / coal trading, power trading and mining services businesses. AEL, on a consolidated basis has diversified businesses which include solar cell and