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Adani Enterprises shares jump 2% after JAL acquisition approval

News by Aliceblue News Desk

18 Mar 2026

Adani Enterprises shares jump 2% after JAL acquisition approval

Introduction

Leading Indian conglomerate receives NCLT approval to acquire bankrupt Jaiprakash Associates Limited, enabling implementation of its resolution plan through group entities or special purpose vehicles.

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Share price movement of Adani Enterprises

On March 18, 2026, Adani Enterprises Ltd opened at ₹1,994.45, up 0.97% from its previous close of ₹1,975.30. It reached a high of ₹2,026.75 (2.57%) and a low of ₹1,982.25. By 3:28 PM, it traded at ₹2,011.68, a 1.82% increase, with a market cap of ₹2,31,707.55 crore.

Adani Group wins NCLT nod to acquire

Adani Enterprises Limited has received NCLT approval to implement its resolution plan for acquiring bankrupt Jaiprakash Associates Limited, subject to regulatory and legal approvals.

The company may execute the plan through its group entities or special purpose vehicles identified under the resolution framework.

Additionally, the acquisition enables Adani Enterprises and its group companies to manage and operate Jaiprakash Associates as per the approved resolution plan.

Stock performance of Adani Enterprises  for period of 1 week, 6 months, and 1 year

Adani Enterprises Ltd delivered a 1-week return of 1.65%, a 6-month return of -18.0%, and a 1-year return of -10.3%.

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Shareholding pattern of Adani Enterprises

ParticularsDec 2025Sep 2025Jun 2025
Promoter74.00%74.00%74.00%
FII11.60%11.80%11.70%
DII6.70%6.50%6.80%
Public7.70%7.70%7.50%

About Adani Enterprises

Adani Enterprises Ltd (NSE: ADANIENT) operates across mining, integrated resources management, infrastructure, airports, roads, rail, water, data centres, solar manufacturing, agro, and defence sectors in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Adani Enterprises’ share price rising today?

A: Adani Enterprises share price is rising today after NCLT approved its resolution plan to acquire bankrupt Jaiprakash Associates Limited

Q: What is Adani Enterprises main business focus?

A: Adani Enterprises focuses on mining, integrated resources management, infrastructure, solar manufacturing, data centres, agro, and defence, operating across multiple economic sectors.

Q: What are the 52-week high and low of Adani Enterprises stock?

A: Adani Enterprises stock has a 52-week high of ₹2,611.46 and a 52-week low of ₹1,850.00, as per the latest data.

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