- Adani Enterprises reached a fresh 52-week high of ₹2,700 during Thursday's intra-day session.
- The flagship stock has rebounded 52% since hitting its yearly low of ₹1,753.45 in late March.
- The stock led the Nifty 50 gainers, surging over 7% while outperforming the broader BSE Sensex.
Adani Enterprises(ADANIENT) shares surged more than 7% on Thursday, hitting a fresh 52-week high amid strong trading volumes and renewed buying interest in the stock.
The company’s shares climbed to an intraday high of ₹2,665 on the BSE, surpassing the previous 52-week high of ₹2,611.46 touched in September 2025. As of afternoon trading, the stock remained up nearly 7% at around ₹2,668, making it one of the top gainers on the Nifty 50 index.
The latest rally has extended Adani Enterprises’ strong recovery in recent months. The stock has jumped around 25% over the past month and has rebounded more than 52% from its March 2026 low of ₹1,753.45.
Adani Enterprises Stock Gains After Large Block Deal
The primary catalyst for Thursday’s momentum was a massive block deal executed during the early trade window. Approximately 58.92 lakh shares, representing a total value of ₹1,435 crore, were exchanged at a price of ₹2,435.6 per share. This institutional activity triggered a significant spike in volumes, with total trading activity across the NSE and BSE jumping more than three-fold compared to average daily sessions.
Adani Enterprises was the top-trending topic in the Indian markets as it spearheaded a rally in the Nifty 50 index. While the official buyers and sellers involved in the block deal have not yet been disclosed, the massive scale of the trade underscores strong institutional appetite for the Adani Group’s primary incubator.
Adani Enterprises Revenue Rises Despite Quarterly Net Loss
Last month, Adani Enterprises reported mixed quarterly earnings, posting higher revenue growth but a net loss for the period.
The company reported quarterly revenue of ₹32,439 crore, marking a 20.3% increase from a year earlier. EBITDA rose slightly to ₹3,731 crore, although EBITDA margins narrowed to 11.5% from 13.8% in the same quarter last year.
However, Adani Enterprises reported a net loss of ₹220.7 crore compared to a profit of ₹3,844.9 crore in the previous year.
The company also approved plans to raise up to ₹15,000 crore through the issuance of equity shares or other eligible securities, subject to shareholder approval at its annual general meeting scheduled for June 24, 2026.
Additionally, the board recommended a dividend of ₹1.3 per equity share for FY2026.
Uber and Adani Group Partner on India Data Centre Project
In separate developments involving the broader Adani Group ecosystem, Uber Technologies announced a partnership with Adani Group to launch India’s first dedicated Uber data centre in Ahmedabad.
The project is expected to strengthen local digital infrastructure capabilities and support India’s growing demand for cloud computing, AI technologies, and data localization services.
Adani Enterprises shares gained after the stock hit a fresh 52-week high and witnessed a ₹1,435 crore block deal during Thursday’s trading session.
The stock has rebounded more than 52% from its March 2026 low of ₹1,753.45.
Adani Enterprises reported a 20.3% rise in revenue to ₹32,439 crore but posted a quarterly net loss of ₹220.7 crore.
