Adani Enterprises hits record high on healthy outlook; rallies 11% in July

Shares of Adani Enterprises (AEL) hit a record high of Rs 2,422.75 after they rose 2 per cent on the BSE in Friday’s intra-day trade, gaining 3 per cent in two days, on healthy outlook. The stock surpassed its previous high of Rs 2,420, touched on April 27, 2022.

Thus far in the 11 trading sessions of July, the stock has rallied 11 per cent as compared to 1 per cent gain in the S&P BSE Sensex. Moreover, in the past six months, it has surged 28 per cent as against 12 per cent decline in the benchmark index.

AEL is one of the fastest growing diversified businesses providing an extensive range of products and services.