Adani Group Stock in Which DIIs Increased Their Stake From 6.84% to 10.62% Amid Potential Demerger Plans
India, Nov. 8 -- The shares of this large cap company majorly enaged in various kin of business which includes mining, integrated resources management (IRM), infrastructure such as airports, roads, rail/ metro, water and many more were in focus after DII's increased their stake.
With the market capitalization of Rs. 33,264 Crores, the shares of Adani Enterprises Ltd were trading at around Rs. 2375 per share which is 27 percnt discount from its 52 week high of Rs. 3245 per share and is trading at a P/E of 115 whereas industry P/E stands at 86.1
DIIs Increase Stake in Adani Enterprises
Alongside the potential restructuring plans, Domestic institutional investors increased their stake in Adani Enterprises to 10.62 percent in September ...
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