Categories: Share Market

Adani Enterprises Share Price Today 12 August 2024

Adani Enterprises Share Price

Adani Enterprises Share Price Today 12 August 2024.

Adani Enterprises Share Price

Today 12th August 2024 adani enterprises share performance.

Open 3,100.00
Prev. Close 3,187.55
Today’s Low 3,014.00
Today’s High 3,169.85
52-wk Low 2,142.00
52-wk High 3,743.90
Lower Circuit 2,836.60
Upper Circuit 3,466.90
volume 1,03,07,245
Avg. Price 3,101.13

Adani Enterprises Limited

Adani Enterprises Limited is a major Indian multinational conglomerate headquartered in Ahmedabad, Gujarat. Founded in 1988 by Gautam Adani, the company is part of the larger Adani Group. Its operations span various sectors including energy, resources, logistics, agribusiness, financial services, and infrastructure.

Adani Enterprises serves as the flagship company of the Adani Group and acts as a catalyst for the group’s diversification into different sectors. It is involved in projects related to coal mining, power generation, ports, and logistics, among other areas. The company has been a significant player in India’s economic development, particularly in infrastructure and energy sectors.

Its growth and success have made it one of the largest companies in India by market capitalization, and it continues to be a prominent figure in both the Indian and global business landscapes.

अदानी एंटरप्राइजेज लिमिटेड एक प्रमुख भारतीय बहुराष्ट्रीय समूह है जिसका मुख्यालय अहमदाबाद, गुजरात में है। गौतम अदानी द्वारा 1988 में स्थापित, यह कंपनी बड़े अदानी समूह का हिस्सा है। इसके संचालन ऊर्जा, संसाधन, रसद, कृषि व्यवसाय, वित्तीय सेवाओं और बुनियादी ढांचे सहित विभिन्न क्षेत्रों में फैले हुए हैं।

अदानी एंटरप्राइजेज अदानी समूह की प्रमुख कंपनी के रूप में कार्य करती है और समूह के विभिन्न क्षेत्रों में विविधीकरण के लिए उत्प्रेरक का काम करती है। यह कोयला खनन, बिजली उत्पादन, बंदरगाहों और रसद से संबंधित परियोजनाओं में शामिल है।

कंपनी भारत के आर्थिक विकास में एक महत्वपूर्ण खिलाड़ी रही है, विशेष रूप से बुनियादी ढांचे और ऊर्जा क्षेत्रों में। इसकी वृद्धि और सफलता ने इसे बाजार पूंजीकरण के हिसाब से भारत की सबसे बड़ी कंपनियों में से एक बना दिया है, और यह भारतीय और वैश्विक व्यापार परिदृश्य दोनों में एक प्रमुख व्यक्ति बनी हुई है।

The Hindenburg Research firm has made headlines

The Hindenburg Research firm has made headlines for its investigation into Adani Enterprises and the larger Adani Group. In early 2023, Hindenburg Research published a report alleging financial irregularities and fraudulent practices within the Adani Group. The report included claims of stock manipulation, accounting fraud, and over-leveraging of debt.

Here are some key points related to the situation:

Allegations: Hindenburg’s report accused the Adani Group of using accounting tricks and stock manipulation to inflate its financial position. It also alleged that the group had significant debt and related party transactions that were not properly disclosed.
Adani Group’s Response: Adani Enterprises and the broader Adani Group denied the allegations, calling them baseless and misleading. The company and its executives claimed that the report was an attempt to undermine the group’s reputation and market value.
Market Impact: The release of the Hindenburg report led to a significant drop in the stock prices of Adani Enterprises and other companies within the Adani Group. This had a ripple effect on the market and raised concerns among investors.
Regulatory and Legal Reactions: In response to the allegations and market volatility, various regulatory bodies in India and abroad began investigations into the claims. These investigations aimed to determine the validity of the allegations and the extent of any wrongdoing.
Broader Implications: The situation with Adani Enterprises and the Hindenburg report has highlighted issues related to corporate governance, financial transparency, and the role of short-sellers in the financial markets.

The situation is ongoing, and developments continue as investigations proceed and the companies involved respond to the allegations

#adani #adanienterprises #shareprice #adanistock #sharemarket #stockmarket #sharebazar

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