Adani Enterprises rights issue sees strong demand ahead of close
pre-market1 source ↓written by the desknot a recommendation
- in just two
- 23.1%
The ₹25,000-crore rights issue of Adani Enterprises has gained significant traction, with the rights entitlement (RE) price increasing 23.1% in just two trading sessions, from ₹349.80 to ₹430.65. Nearly half of the bids were received in the last 48 hours, indicating robust demand from investors. This capital-raising effort is closely monitored by market participants as it approaches its December 10 closure.
Not investment advice. For informational purposes only.