Shares of flagship Adani firm Adani Enterprises rallied as much as 5.3% to their day’s high of Rs 2,634 on the BSE on Thursday after nearly 60 lakh shares changed hands in a block deal. With today’s gain, the stock is up 10% in two sessions.
According to media reports, the block deal, valued at around Rs 1,435 crore, was executed at Rs 2,435.60 per share, representing a 2.5% discount to the previous closing price of Rs 2,500. The Economic Times could not independently verify the buyers and sellers involved in the transaction.
