Synopsis
Adani Group company’s share in focus after board approved record date for right issue to raise Rs. 25,000 crore in the ratio of 25:3.
A Large-cap company that is in various economic areas such as mining, integrated resources management (IRM), infrastructure such as airports, roads, rail, water, data centres, solar manufacturing, agro and defence, is in focus after the board approved record date for right issue.
With the market capitalization of Rs. 2,89,353.11 crore, the shares of Adani Enterprises Ltd is trading at Rs. 2,505.90, up by 5.88 percent from its previous day’s close price of Rs. 2,366.80 per equity share. The stock has touched an intraday high of Rs. 2,517.50, implying an upside of 6.37 percent from previous day’s close price.
What’s the News?
The company’s board has set November 17, 2025, as the record date for its rights issue, through which it plans to raise Rs. 25,000 crore by offering shares at Rs. 1,800 each in the ratio of 3 rights shares for every 25 fully paid-up shares held.
A rights issue is when a company offers its existing shareholders a chance to buy more shares at a discounted price before offering them to the public. It helps the company raise extra money while giving current shareholders the right to maintain their ownership percentage by buying more shares if they choose.
About the Company & Others
Adani Enterprises Limited, the flagship company of the Adani Group, operates across diverse sectors in India and abroad, including new energy, data centers, airports, roads, mining, copper, and digital services. It has a strong presence in green hydrogen manufacturing, solar and wind equipment production, and commercial mining, along with the construction and operation of airports and roads. The company also provides airport services, mineral logistics, and defense manufacturing, including small arms, drones, and missiles. Additionally, it is engaged in agri-sourcing, wastewater management, and operates a news network.
The company reported revenue of Rs. 21,249 crore in Q2FY26, down 3.2 percent QoQ from Rs. 21,961 crore and 6.0 percent YoY from Rs. 22,608 crore. However, net profit surged sharply to Rs. 3,414 crore, marking a robust growth of 249.8 percent QoQ from Rs. 976 crore and 71.6 percent YoY from Rs. 1,989 crore.
At the moment, the company’s P/E ratio is 116x lower as compared to its industry P/E 1,268x. The company’s ROE and ROCE are 9.82 percent and 9.45 percent respectively, and the D/E ratio of 2.03, indicates the company’s financial performance.
Written by Akshay Sanghavi
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