Adani Enterprises surged 12% to Rs 148 on the BSE on back of heavy volumes. The stock of Adani Group Company turned ex-date to spin off its renewable sector business with effect from today.
At 10:23 am; the stock was up 11% at Rs 147 on the BSE, as compared to 1.4% rise in the S&P BSE Sensex. The trading volumes on the counter nearly doubled with a combined 12.81 million shares changed hands on the BSE and NSE so far.
In October last year Adani Enterprises had announced to demerge its renewable energy business into associate company
At 10:23 am; the stock was up 11% at Rs 147 on the BSE, as compared to 1.4% rise in the S&P BSE Sensex. The trading volumes on the counter nearly doubled with a combined 12.81 million shares changed hands on the BSE and NSE so far.
In October last year Adani Enterprises had announced to demerge its renewable energy business into associate company