Synopsis : Adani Enterprises is in focus after net profit jumped 72 % YoY despite softer revenue, and the board approved a Rs. 25,000 crore rights issue to strengthen balance sheet and support growth in infra, data centers and airports.

This company has business interests in various economic areas such as mining, integrated resources management (IRM), infrastructure such as airports, roads, rail/ metro, water, data centres, solar manufacturing, agro and defence is now in the spotlight after its board approved Q2 results with net profit jumping 84% YoY and approved fundraise of Rs. 2,500 cr via rights issue.

With market capitalization of Rs. 2,78,896 cr, the shares of Adani Enterprises Ltd are closed at Rs. 2,419.80 per share, down by 3% making a low of Rs. 2,390.60, from its previou

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