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    512599   INE423A01024

ADANI ENTERPRISES LIMITED

(512599)
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End-of-day quote Bombay Stock Exchange  -  05-19
2223.30 INR   +5.17%
05/18Adani Enterprises Forms New Subsidiary for Healthcare Business
MT
05/18Adani Group - Adani Portfolio Companies Complete INR 15400 Cr Primary Equity Transaction with IHC
AQ
05/18Adani Enterprises Announces Incorporation of a Wholly Owned Subsidiary
CI
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Tatas, Adani Reportedly Set to Bid Third Time for Up Power Transco

01/21/2022 | 12:53am EDT

The Tata Power Company Limited (BSE:500400), Adani Enterprises Limited (BSE:512599) will go head-to-head for a third time in the hard-fought contest for South East U.P. Power Transmission Company Limited after lenders called for another round of bids since the previous two rounds were inconclusive, multiple people aware of the matter told ET. Tata Power had outbid Adani offering 100% recovery of loans of INR 37,000 million to the lenders in the previous round. Adani's bid was only marginally lower at the time. Tata's bid was set aside because it was conditional. Tata and Adani had first submitted bids in August 2021 and then on October 30, 2021 . The final round of bids is now due at the end of January 2022. Tata has requested lenders to consider a Swiss challenge on grounds that it was the highest bidder in the previous round and should get a chance to match the best bid. However, that request has been turned down. Both companies have informed lenders that they will bid again. Although Vedanta group company Sterlite Technologies Limited (BSE:532374), Power Grid Corporation of India Limited (BSE:532898) and REC PDCL were among other companies that also participated in the previous bidding round, they are likely to stay away this time, according to sources. Tata Power declined to comment. Adani and South East UP Power Transmission company's resolution professional, Shailesh Verma did not respond to queries.


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All news about ADANI ENTERPRISES LIMITED
05/18Adani Enterprises Forms New Subsidiary for Healthcare Business
MT
05/18Adani Group - Adani Portfolio Companies Complete INR 15400 Cr Primary Equity Transactio..
AQ
05/18Adani Enterprises Announces Incorporation of a Wholly Owned Subsidiary
CI
05/16Adani to become India's No. 2 cement maker with $10.5 billion Holcim deal
RE
05/16Holcim Makes Progress on Diversification Strategy With $10.5 Billion Disposal Deal For ..
MT
05/15Adani Group to Buy Holcim's India Cement Business in $10 Billion Deal
DJ
05/12Adani Enterprises Raises $996 Million in Private Placement
MT
05/11Adani Enterprises Forms New Wholly-Owned Subsidiary for Fertilizer Business
MT
05/11Adani Enterprises Limited Announces Incorporation of a Wholly Owned Subsidiary Namely, ..
CI
05/10JSW, Adani set to battle for Holcim's India cement assets -sources
RE
More news
Analyst Recommendations on ADANI ENTERPRISES LIMITED
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Financials
Sales 2022 598 B 7 684 M 7 684 M
Net income 2022 15 074 M 194 M 194 M
Net Debt 2022 - - -
P/E ratio 2022 162x
Yield 2022 -
Capitalization 2 535 B 32 573 M 32 573 M
Capi. / Sales 2022 4,24x
Capi. / Sales 2023 4,08x
Nbr of Employees 790
Free-Float 18,7%
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Technical analysis trends ADANI ENTERPRISES LIMITED
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 2 223,30 INR
Average target price 2 062,00 INR
Spread / Average Target -7,25%
EPS Revisions
Managers and Directors
Rajesh Shantilal Adani Managing Director & Executive Director
Jugeshinder Singh Chief Financial Officer
Gautambhai Shantilal Adani Executive Chairman
Jatin R. Jalundhwala Secretary & Joint President-Legal
Hemant Madhusudan Nerurkar Independent Non-Executive Director
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