Adani Enterprises Limited

ADANIENT

INE423A01024

Diversified Industrial Goods Wholesale

Market Closed - Bombay S.E. Other stock markets 06:13:34 2024-04-19 am EDT			5-day change	1st Jan Change
3,026 ^INR	+0.19%		-5.70%	+6.20%

Apr. 17	Deals of the day-Mergers and acquisitions	RE
Apr. 17	Adani Enterprises Arm Incorporates Singapore JV	MT

India's Adani Enterprises says not evaluating plans to buy Jaiprakash Associates cement unit

October 14, 2022 at 05:25 am EDT

BENGALURU (Reuters) - Indian billionaire Gautam Adani-led Adani Enterprises Ltd on Friday said it was not evaluating a proposal to acquire Jaiprakash Associates Ltd's cement business.

The Adani Group made the disclosure in a stock exchange filing after a Bloomberg News report from earlier this week said the conglomerate was in talks to buy the cement unit for $606 million.

(Reporting by Nandan Mandayam in Bengaluru)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
ADANI PORTS & SPECIAL ECONOMIC ZONE LIMITED	1,310 INR	+1.12%	-2.54%	33.94B
ADANI ENERGY SOLUTIONS LIMITED	1,041 INR	+0.26%	-2.74%	13.92B
AMBUJA CEMENTS	609.4 INR	-1.11%	-0.03%	18.01B
ADANI POWER LIMITED	594.6 INR	-0.59%	-0.11%	27.5B
JAIPRAKASH ASSOCIATES LIMITED	20.84 INR	-2.34%	-0.90%	613M

Latest news about Adani Enterprises Limited

Deals of the day-Mergers and acquisitions	Apr. 17	RE
Adani Enterprises Arm Incorporates Singapore JV	Apr. 16	MT
India's Gandhi dynasty, trailing Modi, battles for political survival	Apr. 10	RE
Adani begins commercial output of wafers, ingots for solar power	Apr. 07	RE
India's Adani Green says aware of US probe into third party, denies relationship	Mar. 19	RE
India Adani Group's dollar bonds, shares tumble on US probe report	Mar. 18	RE
INDIA STOCKS-Profit-booking continues in Indian markets; Adani stocks, small-, mid-caps decline	Mar. 18	RE
US probing Adani Group and founder over potential bribery, Bloomberg reports	Mar. 15	RE
US probing Adani Group and founder over potential bribery, Bloomberg reports	Mar. 15	RE
US PROBING INDIAN BILLIONAIRE GAUTAM ADANI AND HIS GROUP OVER PO…	Mar. 15	RE
Indian Equities Rebound on Thursday as Investors Remain Upbeat on Growth Prospects	Mar. 14	MT
Indian Equities Close with Marginal Gains on Tuesday as IT Stocks See Drop	Mar. 12	MT
Adani Group Reportedly Keen to Buy AAI's Stake in Mumbai Airport	Mar. 12	CI
Adani Enterprises Unit Buys Le Marche Duty-Free for 5,000 Euros	Mar. 07	MT
Gains in Private Banking Stocks Push Indian Equities to End Higher on Wednesday; BSE Sensex Hits New Closing High	Mar. 06	MT
Adani's $1.2 billion copper smelter to import concentrates from Peru, Chile, Australia	Feb. 29	RE
Indian Shares Post Muted Gains Thursday, Helped by Metal, Bank Stocks	Feb. 29	MT
Ambani son's pre-wedding bash to feature Rihanna, tycoons and Bollywood stars	Feb. 29	RE
Adani Infrastructure And Developers Private Limited acquired Vizag Tech Park Limited from Adani Enterprises Limited for INR 1.5 billion.	Feb. 28	CI
Adani Enterprises' Arm Looks to Raise $3 Billion for Green Hydrogen Business	Feb. 27	MT
India's Adani unveils defence complex, $362 mln investment plan	Feb. 26	RE
Indian Equities Dip on Monday Ahead of Key Macroeconomic Data This Week; IT, Metal Names Top Laggards	Feb. 26	MT
Israel's military exports to top buyer India unaffected by Gaza war	Feb. 23	RE
India's Adani Group in talks with sovereign funds to raise $2.6 bln, Business Standard reports	Feb. 18	RE
Adani Group in Advance Talks to Raise $2.6 Billion, May Trim Stake in Airport, Green Hydrogen Units	Feb. 18	CI

Chart Adani Enterprises Limited

Duration

Period

More charts

Adani Enterprises Limited is a diversified group organized around 5 areas of activity: - logistics and supply services (66.9% of net sales); - mining extraction services (3.8%); - manufacturing of photovoltaic panels (3.5%); - airport management (3.4%): ownership, at the end of March 2022, of 6 airports in India; - other (22.4%): manufacturing of food products, production of palm oil, production of sugar, storage, handling and transportation of fruit, manufacturing of aeronautical and defense systems, construction of roads, highways and rail infrastructure, construction of data centers, development and rehabilitation of wastewater treatment plants and related infrastructure, etc. Net sales break down by source of revenue mainly between sales of products (85.7%) and services (14.2%). India accounts for 60.3% of net sales.

Sector

Diversified Industrial Goods Wholesale

Calendar

2024-04-30 - Q4 2024 Earnings Release (Projected)

Related indices

NIFTY 50 , NIFTY 100

More about the company

Income Statement Evolution

More financial data

Ratings for Adani Enterprises Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3,026 INR

Average target price

4,244 INR

Spread / Average Target

+40.27%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Diversified Industrial Goods Wholesale

	1st Jan change	Capi.
ADANI ENTERPRISES LIMITED	+6.20%	41.37B
MITSUBISHI CORPORATION	+53.18%	91.53B
MITSUI & CO., LTD.	+34.48%	69.04B
ITOCHU CORPORATION	+12.78%	60.56B
SUMITOMO CORPORATION	+20.97%	29.42B
MARUBENI CORPORATION	+16.56%	28.28B
TOYOTA TSUSHO CORPORATION	+12.01%	21.19B
SAMSUNG C&T CORPORATION	+6.72%	16.4B
BUNZL PLC	-6.14%	12.48B
AZELIS GROUP NV	+2.80%	5.93B

Diversified Industrial Goods Wholesale

Adani Enterprises Limited

Equities

ADANIENT

INE423A01024

Diversified Industrial Goods Wholesale

India's Adani Enterprises says not evaluating plans to buy Jaiprakash Associates cement unit

Stocks mentioned in the article

EPS Revisions