This Adani Group stock is one of the fastest-growing diversified businesses, providing an extensive range of products and services and operating across diverse sectors such as mining, power generation, renewable energy, and infrastructure development, jumped 2 percent after shares worth Rs. 1831.82 crore changed hands via block deal.
Stock Price Movement:
With a market capitalization of Rs. 2,58,969.30 crores, the share of Adani Enterprises Limited has reached an intraday high of Rs. 2,283.95 per equity share, rising nearly around 1.74 percent from its previous day’s close price of Rs. 2,244.85. Since then, the stock has retreated and is currently trading at Rs. 2,243.75 per equity share.
What Happened:
On March 5, 2025, Envestcom Holding RSC Limited bought a 0.73 percent stake in the company through a block deal at an average price of Rs 2,168.1 per share, amounting to Rs 1,831.82 crore.
In a parallel transaction, the shares were sold by Abu Dhabi-based IHC Capital Holding’s subsidiaries, Green Energy Investment Holding RSC Limited and Green Vitality RSC Ltd, at the same price. This indicates a shift in ownership, with Abu Dhabi-based IHC Capital Holding’s subsidiaries exiting while Envestcom Holding RSC Limited bought its stake.
Future Outlook:
Adani Enterprises plans to invest Rs. 80,000 crore in FY25 across different sectors. It expects 20 percent growth in passenger traffic, with Navi Mumbai airport opening by the end of FY25.
Additionally, the company will boost coal production in Australia, expand mining services, and grow renewable energy. It also targets 10 GW in solar module manufacturing and 0.5 million tons of copper production by FY26.
Segment analysis:
Adani Enterprises reported mixed performance across its business segments. In incubating businesses, the ANIL Ecosystem saw 38 percent revenue growth, reaching Rs. 2,941 crore, driven by higher module and WTG sales. Airport revenue grew 33 percent to Rs. 2,939 crore due to increased volume.
In established businesses, IRM revenue declined from Rs. 16,137 crore to Rs. 9,562 crore due to lower volumes, while mining services surged 67 percent to Rs. 856 crore, supported by higher volume.
Recent quarter results:
Adani Enterprises Limited’s revenue has decreased from Rs. 25,050 crore in Q3 FY24 to Rs. 22,848 crore in Q3 FY25, which has dropped by 8.79 percent. The net profit has decreased by 88.39 percent from Rs. 1,973 crore in Q3 FY24 to Rs. 229 crore in Q3 FY25.
Written By – Nikhil Naik
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