This Adani trio is witnessing a huge price surge!

Adani Enterprises, Adani Green Energy and Adani Transmission are today’s mid-day movers.

Today, International Holding Company, an Abu-Dhabi based conglomerate, has decided to invest USD 2 billion as primary capital in Adani Enterprises, Adani Green Energy, and Adani Transmission via preferential allotment of shares. IHC will invest Rs 3,850 crore in Adani Green, Rs 3,850 crore in Adani Transmission and Rs 7,700 crore in Adani Enterprise. The transaction will take at least a month to be complete, subject to all regulatory approvals. This news has positively impacted the share prices of these companies.

Adani Enterprises Limited (AEL), the flagship company of the Adani Group is focused on building stellar infrastructural assets contributing to nation-building. Today, at 1:30 pm the scrip is trading at Rs 2156.55 witnessing a 2.74 per cent surge.  

Adani Transmission (ATL), the largest private power sector transmission and retail electricity distribution company in India is trading at Rs 2498.20 at 1.30 pm, climbing 1.92 per cent.

Adani Green Energy Limited (AGEL) is soaring higher by 6.86 per cent in the mid-day trades. The scrip is trading at Rs 2314.50, a 6.86 per cent surge.