Shares of Adani Enterprises hit a three-month high at Rs 2,720.65, as they gained 3 per cent on the BSE in Tuesday’s intra-day trade after founder firm Kempas Trade and Investment bought 25.3 million shares or 2.22 per cent stake in the company from the open market between Aug 7 to Aug 18.
The stock of Gautam Adani Group’s flagship company was trading at its highest level since May 24, 2023. In was quoting higher for the fourth straight trading day, and has rallied 11 per cent during the period. In comparison, the S&P BSE Sensex was up 0.14 per cent at 65,308 at 09:30 AM.
