bell
The current prices are delayed by 15 mins, login to check live prices.
Adani Enterprises Ltd share price logo

Adani Enterprises Ltd

(ADANIENT)

₹2344.953.08%

as on 04:01PM, 20 Dec 2024

🔔 Investment Alert

Adani Group plans to invest Rs 27,900 crore in Bihar, creating 53,500 jobs, including investments in thermal power and cement production.

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Adani Enterprises Ltd Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Adani Enterprises Ltd. An average target of ₹4255

Source: S&P Global Market Intelligence

Adani Enterprises Ltd Share analysis

Adani Enterprises Ltd price forecast by 2 analysts

Upside of75.87%

High

₹4710

Target

₹4255.00

Low

₹3800

Adani Enterprises Ltd target price ₹4255, a slight upside of 75.87% compared to current price of ₹2344.95. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Adani Enterprises Ltd Performance

  • Day's Low

    Day's High

    ₹2,333
    Day's Price Range
    ₹2,453.85
  • 52 Week's Low

    52 Week's High

    ₹2,025
    52-Week Price Range
    ₹3,743.9
1 Month Return+ 10.79 %
3 Month Return-20.52 %
1 Year Return-13.59 %
Previous Close₹2,419.35
Open₹2,429.00
Volume13.37L
Upper Circuit-
Lower Circuit-
Market Cap₹2,83,628.37Cr

Adani Enterprises Ltd Key Statistics

P/E Ratio51.27
PEG Ratio1.98
Market Cap₹2,83,628.37 Cr
P/B Ratio21.88
EPS28.9
Dividend Yield0.04
SectorTrading
ROE18.61

Adani Enterprises Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,83,628.37 Cr205.53%0.64₹3,294 Cr₹96,420 Cr
BUY₹16,95,944.17 Cr14.83%0.65₹79,020 Cr₹9,01,064 Cr
BUY₹5,88,633.70 Cr19.06%0.50₹20,751 Cr₹70,881 Cr
NA₹1,24,467.29 Cr47.58%0.50₹7,364 Cr₹1,701 Cr
BUY₹38,830.88 Cr33.78%0.92₹595 Cr₹16,600 Cr

About Adani Enterprises Ltd

Adani Enterprises Limited is a diversified conglomerate operating in multiple sectors, including natural resources, logistics, energy, and agribusiness. Incorporated in 1993 by Gautam Adani, the company is headquartered in Ahmedabad, Gujarat, and is registered under the Company Identification Number (CIN) L51100GJ1993PLC019067. Adani Enterprises serves as the incubation hub for new businesses of the Adani Group, managing a wide range of businesses, from mining and integrated resources management to renewable energy and airport operations.

Adani Enterprises operates not only in India but also has a significant presence in countries like Australia, Indonesia, and the USA. The company does not have specific sub-brands but oversees several key business segments under its umbrella. A notable fact about Adani Enterprises is its role in developing one of the largest solar power projects globally, emphasizing its commitment to sustainable energy. Additionally, the company is actively involved in the mining sector and operates coal mines in India and Australia. Adani Enterprises is the flagship company of the Adani Group, a multinational conglomerate with diversified interests in multiple sectors.

Adani Enterprises has been involved in strategic mergers and acquisitions to expand its portfolio and strengthen its position in various sectors. The company’s acquisition of the Queensland-based Carmichael coal mine in Australia is a significant example of its efforts to expand its mining footprint and secure resource availability for its energy business.

Share Price: ₹2344.95 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,83,628.37Cr as of today
Revenue: ₹22,608.07Cr as on September 2024 (Q3 24)
Net Profit: ₹1,890.98Cr as on September 2024 (Q3 24)
Listing date: 12 May, 1995
Chairperson Name: Gautam S Adani
OrganisationAdani Enterprises Ltd
Headquarters
IndustryTrading
E-voting on sharesClick here to vote

What's happening today

  • img

    Today's Timeline - 21 Dec

    06:50 AM

    -

    US DoJ Attorney Breon Peace resigns amid Adani Group bribery case, raising questions about the case's validity.

    07:20 AM

    -

    Adani Group announces plans to invest Rs 28,000 crore in Bihar, creating 53,500 jobs across various sectors.

    08:55 AM

    -

    Adani Group outlines detailed investment plans in Bihar, including thermal power plant and cement manufacturing, generating thousands of jobs.

Key events for Adani Enterprises Ltd

  • Adani Group Announces Major Investments in Bihar - 21 Dec, 2024

    Adani Group plans to invest Rs 28,000 crore in Bihar, focusing on energy, cement, and logistics, potentially creating 53,500 jobs. Meanwhile, the US DoJ Attorney resigns amid scrutiny of a bribery case involving Adani officials.
  • Adani Enterprises Faces Mixed Market Reactions Amid Investments - 20 Dec, 2024

    Adani Enterprises announced significant investments in Bihar while facing stock declines despite a favorable court ruling on the Dharavi redevelopment project. The company aims to enhance its presence in energy and infrastructure sectors.
  • Adani Promoters Raise Stake in Adani Enterprises - 19 Dec, 2024

    The Adani promoter group has raised its stake in Adani Enterprises to 71.93%, following a previous increase to 69.87% just weeks earlier. This move reflects ongoing confidence in the company's future despite recent challenges.
  • Adani Group Faces Scrutiny Amid Sri Lanka Support - 18 Dec, 2024

    Sri Lankan President supports Adani Group's local projects while reviewing $1 billion investments amid bribery allegations. Concerns arise over a solar contract in Andhra Pradesh.
  • Adani Group Faces Bribery Allegations and Market Impact - 16 Dec, 2024

    The Adani Group is under scrutiny due to US bribery allegations, leading to a significant drop in net worth and changes in bidding policies. The Bombay HC dismissed a related corruption petition, but investor confidence remains shaken.
  • Adani Enterprises Expands Green Energy Initiatives - 14 Dec, 2024

    Adani Enterprises Ltd reports strong half-year performance driven by subsidiaries. The group is also expanding its green energy footprint with a massive project in Gujarat.
  • Adani Stocks Rebound After SEC Indictment - 12 Dec, 2024

    Following a decline due to SEC indictments, Adani Group stocks rebounded, supported by a positive Nomura report on liquidity and backing from Japanese banks.
  • Adani Enterprises Recognized as Top Wealth Creator - 11 Dec, 2024

    Adani Enterprises has been recognized as the Best All-round Wealth Creator for the third consecutive year, showcasing strong financial management despite market challenges. Additionally, it was included in a watchlist of blue chips down 30% or more from their highs.
  • Adani Enterprises Recognized for Wealth Creation Success - 10 Dec, 2024

    Adani Enterprises has been acknowledged as the Best All-round Wealth Creator for the third consecutive year, achieving significant returns. The group is also investing heavily in green energy and cement, aiming to establish a major integrated ecosystem in Rajasthan.
  • Adani Group Faces Allegations Amid Major Investment Plans - 09 Dec, 2024

    Adani Group's stock rose following Nomura's positive outlook. The group announced a ₹7.5 lakh crore investment in Rajasthan, despite facing US bribery allegations, which they denied.
  • Kerala Government Open to Adani Projects - 08 Dec, 2024

    The Kerala government is willing to discuss new projects with the Adani Group, emphasizing the benefits of the existing Vizhinjam Seaport investment while avoiding large polluting industries.
  • Adani Enterprises Stock Rebounds After Volatility - 07 Dec, 2024

    Adani Enterprises faced a significant drop to ₹1,017 due to market volatility and allegations but has since rebounded to ₹2,506, showcasing resilience in its diversified portfolio.
  • Adani Faces Indictment Amid Expansion Plans - 06 Dec, 2024

    Adani Enterprises faces scrutiny following US bribery allegations against its chairman, while simultaneously pursuing expansion through potential acquisition of Star Cement.
  • Adani Group Shows Financial Stability Amid Challenges - 04 Dec, 2024

    Adani Group is reportedly in a stronger financial position, with no share-pledges and low leverage, according to Bernstein. Analysts suggest buying opportunities despite past allegations.
  • Adani Group Faces Regulatory Scrutiny Amid Financial Recovery - 03 Dec, 2024

    Adani Group is negotiating a settlement with SEBI over past public shareholding violations. Meanwhile, Bernstein indicates improved financial health since early 2023.
  • Adani Faces Bribery Allegations Amid Market Turmoil - 02 Dec, 2024

    Gautam Adani addresses US bribery allegations impacting the Adani Group, while the company faces scrutiny over power deals and market stability concerns.
  • Adani Group Faces Scrutiny Amid Acquisitions and Allegations - 01 Dec, 2024

    Adani Enterprises navigates significant challenges, including US fraud allegations and a power deal review in Bangladesh, while announcing strategic acquisitions to enhance airport services.
  • Adani Enterprises Responds to Legal Challenges and Expands - 30 Nov, 2024

    Adani Enterprises is navigating legal challenges with US bribery allegations while expanding its operations through strategic acquisitions. Crisil maintains a positive outlook on the group.
  • Adani Enterprises Faces Legal Challenges but Expands Operations - 29 Nov, 2024

    Adani Enterprises navigates legal challenges with US allegations while securing support from IHC and maintaining strong credit ratings. The company also expands its operations through acquisitions.
  • Adani Enterprises Faces Scrutiny but Shows Resilience - 28 Nov, 2024

    Adani Enterprises navigates scrutiny from US bribery allegations while securing support from Sri Lanka and Tanzania. The company reports record investments and stock gains amid challenges.

Insights on Adani Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 450.58 Cr → 1.74K Cr (in ₹), with an average increase of 42.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.76% to 2.19% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 74.72% to 74.89% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Veritas India Ltd has given 1076.8% return, outperforming this stock by 1022.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Veritas India Ltd has given 115.1% return, outperforming this stock by 131.6%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, ADANIENT stock has moved down by -12.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.52% to 7.35% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 29.63K Cr → 23.19K Cr (in ₹), with an average decrease of 11.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.74% to 11.30% in Sep 2024 quarter

News

Adani Group's Big Plan For Bihar: Rs 20,000-Crore Power Plant and More

The Adani Group announced that the conglomerate plans to invest Rs 27,900 crore in Bihar, potentially creating 53,500 jobs in the state. Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday made these announcements at the Bihar Business Connect 2024 summit in Patna. The Group remains the largest private investor in Bihar. In three sectors, logistics, gas distribution and agri-logistics, we have already invested around Rs 850 crore and have also created around 25,000 direct and indirect employment opportunities. Furthermore, he said that the Group is planning to invest Rs 2300 crore in these sectors which will eventually increase the Adani Groups warehousing and handling capacity and expand its presence in the EV, CGD (city gas distribution) and CBG (compressed biogas) space. The investment is also expected to bring an additional 27,000 direct and indirect local job opportunities. The Adani Group is collaborating with the Bihar government to explore an additional investment of Rs 1,000 crore in strategic infrastructure projects, including Gati Shakti Railway Terminals, inland container depots (ICDs), and industrial warehousing parks. Additionally, the group plans to invest Rs 2,100 crore to manufacture and install over 28 lakh smart meters in Siwan, Gopalganj, Vaishali, Saran, and Samastipur, automating power consumption and monitoring. This initiative is expected to generate at least 4,000 local jobs in the technology sector. The Adani Group has also commenced work on its greenfield cement plant in Warisaliganj and intends to invest Rs 2,500 crore in Bihar to establish a 10 MMTPA cement manufacturing capacity in multiple phases. This project is projected to create 9,000 direct and indirect jobs. We are also exploring investment avenues in Bihars energy sector. Our plan is to invest around Rs 20,000 crore to set up an ultra-supercritical thermal power plant.21 Dec, 2024 08:55 AM

Adani Group Plans Rs 28,000-Cr Investment in Bihar

Billionaire Gautam Adanis group will invest about Rs28,000 crore in setting up a ultra-super critical thermal power plant as well as expanding cement production capacity, food processing and logistics business in Bihar as the ports-to-energy conglomerate charts aggressive growth plans. Pranav Adani, Director, Adani Enterprises Ltd, made the announcement at the Bihar Business Connect 2024 here. The group is aggressively pursuing growth strategy, expanding in core business and pursuing new opportunities. In general, our plans have the potential of creating as many as 53,500 jobs in the state. We are also exploring investment avenues in Bihars energy sector. Our plan is to invest around Rs 20,000 crore to set up an ultra-super critical thermal power plant, he said.21 Dec, 2024 07:20 AM

Adani Case: US DoJ Attorney Resignation and Implications

The US Department of Justices (DoJ) indictment of Adani Group officials in an alleged bribery case is extremely flimsy, senior advocate Mahesh Jethmalani said on Friday, as Breon Peace, the US Attorney behind the case, announced his resignation. According to reports, Brooklyn US Attorney Peace, who presented charges against Adani Group officials, has announced to step down on January 10, just days away from Donald Trump's inauguration as the next US President on January 20. 53-yr-old Peace, who was appointed by outgoing US President Joe Biden in 2021, will be replaced by First Assistant US Attorney Carolyn Pokorny. The Adani case in US court was already a very diluted case. There was no evidence or basis to the indictment. The uproar by the Opposition over the issue in the Indian Parliament is baseless, Jethmalani was quoted as saying in media reports. Peaces resignation was on expected lines as he was likely to be asked by the next US administration under Trump to step down. Peaces tenure included high-profile cases such as singer R Kellys trial for sex-trafficking, a fraud indictment of Indian billionaire Gautam Adani and the criminal conviction of a US Congressman.21 Dec, 2024 06:50 AM
View More

Adani Enterprises Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹19,546.25Cr (-)₹25,050.23Cr (↑28.16%)₹29,180.02Cr (↑16.49%)₹25,472.40Cr (↓12.71%)₹22,608.07Cr (↓11.24%)
Net Income₹393.22Cr (-)₹1,917.67Cr (↑387.68%)₹265.58Cr (↓86.15%)₹1,648.20Cr (↑520.60%)₹1,890.98Cr (↑14.73%)
Net Profit Margin2.01% (-)7.66% (↑281.09%)0.91% (↓88.12%)6.47% (↑610.99%)8.36% (↑29.21%)
Value in ₹ crore
Details2021202220232024
Total Assets₹13,151.78Cr (-)₹21,685.87Cr (↑64.89%)₹40,169.76Cr (↑85.23%)₹42,211.92Cr (↑5.08%)
Total Liabilities₹9,023.79Cr (-)₹16,445.21Cr (↑82.24%)₹26,235.98Cr (↑59.54%)₹25,572.38Cr (↓2.53%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹601.38Cr (-)₹1,557.26Cr (↑158.95%)₹2,105.01Cr (↑35.17%)₹11,187.32Cr (↑431.46%)₹507.88Cr (↓95.46%)

Index Inclusions

BSE 200

₹10,905.86

-1.89 (-210.17%)

NIFTY 100

₹24,448.85

-1.75 (-436.1%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE Commodities

₹7,274.13

-1.88 (-139.23%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

Nifty100 Eq Weig

₹31,223.95

-2.18 (-694.7%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE Dividend Stability

₹986.07

-1.98 (-19.95%)

S&P BSE 100 LargeCap TMC

₹8,809.09

-1.77 (-158.49%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty 100 Liquid 15

₹6,154.50

-1.79 (-112.2%)

S&P BSE SENSEX 50

₹24,813.30

-1.55 (-390.31%)

Nifty Metal

₹8,813.25

-1.83 (-163.95%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

NIFTY 50

₹23,587.50

-1.52 (-364.2%)

S&P BSE Largecap

₹9,171.23

-1.78 (-165.83%)

BSE 100

₹25,006.81

-1.76 (-448.2%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Adani Enterprises Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.89%
0.23
Foreign Institutions
11.3%
-3.71
Mutual Funds
2.19%
24.44
Retail Investors
7.35%
-2.26
Others
4.26%
0.01

Adani Enterprises Ltd Key Indicators

Details20202021202220232024
Return On Equity %13.2712.6415.3916.9318.61
Details20202021202220232024
Return On Assets %8.17.023.586.137.67
Details20202021202220232024
Book Value Per Share (₹)154.09156.02185.85279.6309.43
Details20202021202220232024
Earning Per Share (₹)7.266.794.3219.3828.9

Adani Enterprises Ltd Valuation

Adani Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.41x)

March 23, 2020

Today (51.27x)

December 19, 2024

Industry (99.45x)

December 19, 2024

Highest (437.23x)

September 20, 2022

LowHigh

Adani Enterprises Ltd Earnings and Dividends

  • Adani Enterprises Ltd Earnings Results

    Adani Enterprises Ltd’s net profit jumped 664.53% since last year same period to ₹1,741.75Cr in the Q2 2024-2025. On a quarterly growth basis, Adani Enterprises Ltd has generated 19.75% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Adani Enterprises Ltd Dividends May,2024

    In the quarter ending March 2024, Adani Enterprises Ltd has declared dividend of ₹1.30 - translating a dividend yield of 0.11%.

    Read More about Dividends

Adani Enterprises Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Adani Enterprises Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Adani Enterprises Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Adani Enterprises Ltd shares.

Adani Enterprises Ltd (ADANIENT) share price today is ₹2344.95

Adani Enterprises Ltd is listed on NSE

Adani Enterprises Ltd is listed on BSE

  • Today’s highest price of Adani Enterprises Ltd is ₹2453.85.
  • Today’s lowest price of Adani Enterprises Ltd is ₹2333.

PE Ratio of Adani Enterprises Ltd is 51.27

PE ratio = Adani Enterprises Ltd Market price per share / Adani Enterprises Ltd Earnings per share

Today’s traded volume of Adani Enterprises Ltd(ADANIENT) is 13.37L.

Today’s market capitalisation of Adani Enterprises Ltd(ADANIENT) is ₹283628.37Cr.

Adani Enterprises Ltd(ADANIENTPrice
52 Week High
₹3743.9
52 Week Low
₹2025

Adani Enterprises Ltd(ADANIENT) share price is ₹2344.95. It is down -37.37% from its 52 Week High price of ₹3743.9

Adani Enterprises Ltd(ADANIENT) share price is ₹2344.95. It is up 15.80% from its 52 Week Low price of ₹2025

Adani Enterprises Ltd(ADANIENTReturns
1 Day Returns
-74.4%
1 Month Returns
10.79%
3 Month Returns
-20.52%
1 Year Returns
-13.59%