BUZZ-India's Adani Enterprises ends higher on exiting Wilmar JV

Reuters
2024-12-30
BUZZ-India's Adani Enterprises ends higher on exiting Wilmar JV

Adds details, updates to closing level

** Shares of Adani Enterprises ADEL.NS closed 7.6% higher at 2,592.4 rupees, its best day in a month

** ADEL top gainer on benchmark Nifty 50 .NSEI, which closed 0.71% down

** Adani Enterprises said on Monday it will exit Adani Wilmar ADAW.NS, its consumer goods joint venture with Singapore's Wilmar International WLIL.SI

** ADEL will sell 13% stake, with the remaining 31% going to Wilmar

** ADAW closed down 0.14%

** Additionally, ADEL's airport in Navi Mumbai will begin commercial ops by May 2025, CEO of co's airports business said on Sunday

** Airports business formed about 10% of ADEL's rev in Q2

** Stock trims YTD losses to ~9%, set for another year of decline

(Reporting by Nandan Mandayam and Ashna Britto in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10