Adani Enterprises hits new high on financial closure of Navi Mumbai airport

State Bank of India (SBI) has underwritten the entire debt requirement of Rs 12,770 crore for the NMIA Project

Shares of Adani Enterprises hit a new high of Rs 1,937, up 1 per cent on the BSE in Wednesday's trade, after Adani Group achieved financial closure of Navi Mumbai International Airport project (NMIAL), a subsidiary of the company.  The shares of Adani Enterprises quoted higher for fifth day in a row, gaining 7 per cent during the period, as compared to 1 per cent rise in the S&P BSE Sensex.

"NMIAL has achieved financial closure of the greenfield international airport project at Navi Mumbai, Maharashtra after execution of financial documents with the State Bank of India (SBI). The