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Adani Enterprises Limited ( (IN:ADANIENT) ) just unveiled an announcement.
Adani Enterprises Limited has announced the incorporation of a new wholly-owned subsidiary, Adani Ropeways Limited, in India. This strategic move aims to develop and promote ropeway projects across the country, enhancing the company’s infrastructure portfolio. The new entity, which is yet to commence operations, will focus on providing comprehensive support for the development, construction, and maintenance of ropeway projects, potentially strengthening Adani’s position in the infrastructure sector.
More about Adani Enterprises Limited
Adani Enterprises Limited is a prominent player in the infrastructure industry, focusing on the development and promotion of various large-scale projects. The company is known for its diverse portfolio, which includes energy, resources, logistics, agribusiness, and more, with a significant emphasis on infrastructure development.
Average Trading Volume: 64,482
Technical Sentiment Signal: Buy
Current Market Cap: 2943.1B INR
Learn more about ADANIENT stock on TipRanks’ Stock Analysis page.