New Delhi, November 4 (Udaipur Kiran): Shares of Adani Energy Solutions Ltd. gained over 1.5% on Monday after the company announced a capital expenditure plan of ₹17,000–18,000 crore for the current financial year (FY26).
The stock was trading at ₹1,001.40, up ₹15.35 or 1.56% from its previous close of ₹986.05 on the BSE. The scrip opened at ₹989.95 and touched an intraday high of ₹1,006.15 and a low of ₹976.15, with 35,527 shares traded so far. The company’s market capitalisation stands at ₹1,19,900.02 crore.
The BSE group ‘A’ stock, with a face value of ₹10, has recorded a 52-week high of ₹1,090.65 (on November 6, 2024) and a 52-week low of ₹588.25 (on November 27, 2024). Over the past week, the stock has traded between ₹1,006.15 and ₹918.55. The promoters hold 71.19%, while institutional investors and non-institutional investors hold 23.01% and 5.79%, respectively.
The company stated that out of the planned ₹17,000–18,000 crore capex, around ₹6,000 crore has already been invested across ongoing projects in FY26. This includes ₹3,350 crore in transmission, ₹700 crore in distribution, and approximately ₹2,000 crore in smart metering initiatives.
Additionally, Adani Energy Solutions has earmarked ₹10,000 crore for its Navi Mumbai project, which will be developed over the next five years. The investment aligns with the company’s long-term strategy to enhance power transmission, strengthen distribution networks, and modernize metering systems across key operational areas.
Adani Energy Solutions Ltd. (formerly Adani Transmission Ltd.) serves as the power transmission business arm of the Adani Group, one of India’s largest conglomerates with diversified interests in energy, infrastructure, and logistics.
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