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Adani Enterprises up for fifth straight day, surges 27% in one week

The stock was trading close to its 52-week high level of Rs 181, touched on May 23, 2019.

What ails the Railways Even the much-touted station redevelopment could not take off on account of low investment appetite in the construction sector
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SI Reporter Mumbai
Shares of Adani Enterprises were trading higher for the fifth straight day, up 7 per cent to Rs 174 on the BSE in the intra-day deals on Friday after the company set up a subsidiary company named Adani Metro Transport  (AMTL) to focus on metro rail projects.

In the past one week, the stock of Adani group’s flagship company has rallied 27 per cent, as compared to a three per cent rise in the S&P BSE Sensex. It was trading close to its 52-week high level of Rs 181, touched on May 23, 2019.

“The Company has incorporated