Adani Enterprises shares drop 2% after Adani group entities swap 86 lakh shares for Rs.2,498 crore | Is it a stock to buy?
New Delhi, Sept. 28 -- Adani Enterprises shares dropped 2% in the morning trade on the BSE on Monday, 28 September, after Adani Group entities executed a bulk deal of 86 lakh shares on Friday. Adani Enterprises' share price opened at Rs.2,922.50 against its previous close of Rs.2,914.95 and declined 2% to an intraday low of Rs.2,856. However, it pared some losses, as around 10 am, the stock was 1.35% down at Rs.2,875.60.
NSE bulk deal data for Friday, 25 September, showed that 86 lakh shares changed hands between promoter group entities of Adani Enterprises in a deal worth Rs.2,498 crore through separate block deals on Friday.
As per the NSE data, Adani Infra (India) bought 34,50,000 shares in the group's flagship company Adani Enterpri...
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