Adani Transmission shines on the bourses

Adani Transmission is currently trading at Rs. 325.00, up by 15.30 points or 4.94% from its previous closing of Rs. 309.70 on the BSE.

The scrip opened at Rs. 312.50 and has touched a high and low of Rs. 330.75 and Rs. 303.30 respectively. So far 62176 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 330.75 on 02-Dec-2019 and a 52 week low of Rs. 180.00 on 07-Jan-2019.

Last one week high and low of the scrip stood at Rs. 330.75 and Rs. 261.45 respectively. The current market cap of the company is Rs. 35303.90 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 23.35% and 1.74% respectively.

Adani Transmission has bought back non-convertible debentures (NCDs) worth Rs 135 crore. The company has bought back 1,350 rated, listed, secured, redeemable, NCDs having face value of Rs 10 lakh each aggregating to Rs 135 crore on November 29, 2019.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.

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