Adani Enterprises Rises After JV Incorporates New Subsidiary

Mumbai, December 4 (Udaipur Kiran): Shares of Adani Enterprises were trading higher on the BSE on Wednesday after its joint venture AdaniConneX incorporated a new wholly owned subsidiary. The stock was trading at Rs. 2213.90, up by Rs. 24.95 or 1.14 per cent from its previous close of Rs. 2188.95.

Adani Enterprises

The scrip opened at Rs. 2194.25 and touched an intra-day high of Rs. 2215.55 and a low of Rs. 2185.00. A total of 13,440 shares were traded on the counter during the session.

The BSE Group ‘A’ stock with a face value of Rs. 1 has touched a 52-week high of Rs. 2612.76 on September 23, 2025, and a 52-week low of Rs. 1965.05 on March 3, 2025. Over the past one week, the stock moved between Rs. 2330.05 and Rs. 2172.10. The current market capitalisation of the company stands at Rs. 2,84,099.28 crore.

Promoters hold 73.97 per cent stake in the company, while institutional and non-institutional investors hold 18.55 per cent and 7.47 per cent respectively.

Adani Enterprises’ joint venture AdaniConneX (ACX) has incorporated a wholly owned subsidiary named AdaniConneX Hyderabad Three (ACXHTL) in India on December 3, 2025. The new entity has been formed to carry out the business of construction, development and operation of data centres. Through ACX, Adani Enterprises indirectly holds 50 per cent share capital in ACXHTL.

Adani Enterprises, the flagship company of the Adani Group, is one of India’s leading business organisations with a strong presence across multiple infrastructure and growth sectors.

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