ADANIENT Ltd.

174.2.00INR + 11.65 (+ 7.17%) VOLUME : 14157000
    Average Volume
  • 5-Day 10,423,600.00
  • 20-Day 5,446,749.95
  • 3-Months 4,917,649.97

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 174.90 175.80 165.10 174.20 175.10 14,162,661 10% 148.20 140.36 143.08 140.47
17-Oct-19 159.80 165.00 157.65 163.00 162.55 6,523,046 15% 146.65 139.37 142.90 140.39
16-Oct-19 155.00 160.90 155.00 159.85 160.15 9,587,304 8% 145.71 138.69 142.82 140.37
15-Oct-19 147.70 155.85 146.60 154.90 155.00 11,048,872 8% 145.00 138.00 142.74 140.37
14-Oct-19 137.90 152.40 137.00 146.95 147.10 10,795,909 12% 144.54 137.49 142.39 140.40
11-Oct-19 137.45 138.80 134.60 136.40 136.95 2,780,875 13% 144.33 137.18 142.10 140.45
10-Oct-19 138.00 139.10 135.30 136.75 137.40 2,413,888 9% 144.68 137.03 141.91 140.56

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 165.10 174.90
11 AM 165.10 174.90
12 PM 165.10 174.90
1 PM 165.10 174.90
2 PM 165.10 175.00

Company Profile - ADANIENT Ltd.

ADANIENT

In 1988, AEL or Adani Enterprises Ltd. was also formerly known as Adani Exports that started as a partnership firm and attained the status of the joint-stock company in the year 1993. In 1994, the company's IPO was oversubscribed about 25 times over, which is a sign of the immense trust that both shareholders and the market were placed on it. Also, its trade desks handle a large and diverse product portfolio, along with expertise. Through the quality-driven process systems, time-conscious delivery, complete reliability, and an unparalleled level of commitment for customer satisfaction, it also gained the success and a rock-solid reputation in markets worldwide. On the one hand, it also achieved the critical mass needed to carry out sizable transactions demanded by its global clients, whereas on the other, the company maintains the entrepreneurial drive that provides it an edge in both Asia and Europe. Since being a single commodity company, AEL, curr ... ently, has been evolved into a brand representing a spectrum of commodities and services. AEL is also the flagship company of the Adani Group. And also accorded the status of a Five Star Trading House from the Directorate General of Foreign Trade, New Delhi. Also, it is the first company to receive such a prestigious status in the country. Moreover, the company is based out of Ahmedabad, India, and has its operations worldwide with a spectrum of 70 commodities in more than 60 countries, with 30 offices (including about 8 overseas offices in the USA, UAE, China, Singapore, Indonesia, Mauritius, and Myanmar). The company is also a diversified asset-backed commodities trader, sourcing, marketing, producing, and transporting them worldwide. The company also aims at creating multiple drivers of growth anchored on its time-tested core competencies: superior brand-building capabilities, unmatched distribution reach, acknowledged service skills, and effective supply chain management. It has systematically de-risked its commodity trading portfolio for avoiding the pressure on its margins by venturing into asset-backed commodity trading. Also, its strategic forays into new businesses have been garnered a significant share of such emerging high-growth markets in India. Currently, the company has a diversified presence in five business sectors such as Real Estate, Power, Oil & Gas, Agro & Metals, and Minerals. Also, the shipping business acts as the backbone to its different businesses and exemplifying the needed cohesiveness of knowledge-based enterprise and a people-driven entity. Along with growth plans chalked out, the Group has intended to fully leverage its capacities and the vast available opportunities that are currently available in the new economy. It is also one of the fastest-growing professionally owned enterprises in India and on the global platform. The journey from being India's most trusted trading house to a diversified corporation is fast but yet memorable. Its growth has been organically, leading to a synergy among its business units, making them more productive and competitive together.

The business area of the company includes:

  • Power Generation:The Company's operations in the Power sector primarily are concerned with Power trading. AEL has been awarded highest category 'F' interstate license for the trading in power by the Central Electricity Regulatory Commission (or CERC) in the year 2003, wherein it can undertake to trade of more than 1,000 Million Units of electricity within the year, along with the transmission priority on national grid, and covering the jurisdiction of the entire country for the coming 25 years.
  • Coal:Its operations in the Power sector are mainly concerned with Coal trading, and it is also the largest Integrated Coal Manager for the large body of Power Producers and other users. Though India is also considered as one of the largest coal consuming and producing nations worldwide, and it also heavily depends on imported coal. So, as the power demand soars, the vitality of coal increases in the overall Power value chain.
  • Agro:The Company is one of the leading trading houses in agro commodities such as pulses, grains, castor, and soya. Also, it has a presence in Europe, Japan, Korea, China, the USA, Australia, Canada, Middle East, South East Asia, South Asia, and almost in the whole country.
 

The Adani Group is engaged in various businesses such as:

  • Real Estate
  • Ports
  • Special Economic Zones
  • IT-enabled services.
  • Ports
  • SEZ
  • Edible Oil
  • Logistics
  • Gas distribution

Some of the Milestones:

  • It successfully completed a foreign currency convertible bond issue USD 250 Mn for its business expansion plans. And also launched the IPO for Mundra Port and Special Economic Zone that oversubscribes by 115 times.
  • It also received a prestigious reorganization of Five Star Export House on account of valuable contributions in India's overall exports. Even, the sales turnover crossed INR 13,500 Crores during Financial Year 2004–05. It also successfully accomplished the foreign currency convertible bond issue of USD 38 Mn and made its global reach.
  • The company has crossed the INR 7155 Crores sales turnover mark. It also successfully disinvested its stake of Mundra Container Terminal to P & O Ports, Singapore and also introduced new products such as Maize, Iron Ore, Power Trading, Sesame Seeds, Sorghum, Barley, and more.
  • 2001 & 2003 actual net worth is about INR 550 Crs.
  • During Financial Year 2002–2003, it achieved a turnover of INR 2873 Crs against INR 2188 crs for the Financial Year 1998-99 (shows a 30% growth) and soon became the top net foreign exchange (or NFE) earner of India. Also, the largest private sector player was awarded the prestigious award of Golden Super Star Trading House.
  • In 1999 & 2000, it declared a 1:1 bonus. Also, the market capitalization raised beyond INR 1710 crs in the wake of its scrip price touching INR 775.60 per share (as on June 09, 2000), and subscribers to the IPO see money growing by 1966 percent within 5 years.
  • During the Financial Year 1999–2000, it also achieved an all-time high turnover of INR 2853.11 crs as against INR 2188 crs for the Financial Year 1998-99 (shows a 30% growth).
  • 1998 and Beyond: During the period of Consolidation, turnover also leaped to INR 2,418.6 crs for the Financial Year 1997 – 98. Expands its trade basket, and currently, it trades in more than 40 commodities and about 28 countries. It also became the top net foreign exchange (or NFE) earner of India and the largest private-sector Super Star Trading House in the country. Also, the Jetty at Mundra Port became operational.
  • 1994-1997: The Period of Growth 1997- Super Star Trading House status was being extended the other 3 years, up to 31st March 2000.
  • 1996: The turnover crosses the coveted INR 1,000 cr level, and at INR 1,134.6 crs for the Financial Year 1995-96. It also declares a 1:1 bonus as in November 1996, along with the paid-up capital increases to INR 11.02 crs.
  • The company hits the primary market in September 1994 with its initial public offering (or IPO) of 12.50 lakh equity shares of INR 10 each at a premium of INR 140 per share and aggregating about INR 18.75 crs, and float oversubscribed by about more than 25 times.
  • Also, accorded the status of Super Star Trading House as on April 1, 1994, by the Ministry of Commerce, Government of India; and the youngest trading house and the only one from the State of Gujarat to receive such a status.1988 1993: The Initial Years.
  • Soon, it was converted into a public limited company as on 2nd March 1993 with the paid-up capital of INR 1 Crore. And accorded the status of Star Trading House as on April 1, 1993, by the Ministry of Commerce, Government of India.
  • It was conceived as a partnership firm by Gautam S Adani with an initial capital of INR 5 lakhs, posts a modest turnover of INR 2.20 crs in its first year of operation.
  • 2005: It received a prestigious reorganization of 'Five Star Export House' on account of the valuable contribution in India's overall exports.
  • 2006: It commissions about two floating crane barge.
  • 2008: It formed a joint venture company, along with Chemoil Energy for expansion of its bunkering business based on pan India.
  • 2009: It received a Letter of Intent (or LOI) for the Macchakatta Coal Block and LOA for the Parsa Coal Block.
  • 2010: It firmed up its business plans in Japan by signing a long term tie-up with the Kowa Company, which is a Japan leading diversified business group, for requiring joint venture co-operation in common business areas such as infrastructure and trade such as exports in both the countries Japan and India.
  • 2011: It was also bestowed with the status of 'Superbrand' by the Superbrands Council of India. The award was explicitly acknowledged by Pranav Adani, the director of Adani Enterprises from Planning Commission Deputy Chairman Montek Singh Ahluwalia as on July 28, 2011. Within the same year, in a bid to diversify its coal supply Adani Enterprises, the flagship company of India infrastructure corporation Adani Group acquired its first cargo of Russian coal. Moreover, it did not mention the Russian supplier name, and also its price was close to the existing levels of South African coal.

Some of the Achievements:

  • The company received Five Star Trading House from Directorate General of Foreign Trade and soon became the first company to have such an honor in India.
  • It was awarded Excellence in Management Award in the year 2007 by the Chief Minister of Gujarat.
  • It was honored with the status of Golden Super Star Trading House.

Some awards for the Adani Group:

  • It was awarded as Five Star Export House.
  • Also, ICSI award for Excellence in Corporate Governance, 04 among the Top 25 Companies.
  • It was awarded the Golden Super Star Trading House.
  • It was ranked 38th in the Business Standard list of 1000-India Corporate Giants (in 2003).
  • In 2004, it was awarded the status of the export house.
  • In 2004-05, it received Niryat Shree Gold Trophy.
  • In 2003-04, it received Niryat Shree Gold Trophy.
  • Received the SOPA Award (in 1999–00, 2000–01, 2001–02).
  • Received the Gold Trophy, SRTEPC (in 1999–00, 2000–01).
  • Received the FIEO Niryat Shree Gold Trophy (in 1999–00).