Adani Enterprises up on higher share sale floor price

Fri Dec 21, 2012 11:29am IST

A man works on the crane of a cargo ship at Mundra port in Gujarat September 24, 2012. REUTERS/Amit Dave/Files

A man works on the crane of a cargo ship at Mundra port in Gujarat September 24, 2012.

Credit: Reuters/Amit Dave/Files

Related Topics

Stocks

   

Reuters Market Eye - Shares in Adani Enterprises Ltd (ADEL.NS) gain 4 percent in early trade after its promoters set the floor price for a share sale at 282 rupees per share.

Dealers say the floor price is higher than market expectations.

Adani Enterprises fell 7.1 percent to 271 rupees on Thursday ahead of its planned sale of 23 million shares on Friday.

(Reporting Abhishek Vishnoi)

FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Nifty Above 8,600

Nifty Above 8,600

Nifty hits record high above 8,600; state-run lenders gain  Full Article 

Indian in Iraq

Indian in Iraq

India says no contact with 39 men held by Islamic State in Iraq.  Full Article 

Sahara Issue

Sahara Issue

Sahara looks to raise $650 million loan to fund bail.  Full Article 

Bhopal Tragedy

Bhopal Tragedy

Bhopal's toxic legacy lives on, 30 years after industrial disaster.  Full Article 

Essar Group

Essar Group

Exclusive - Essar's planned oil-for-steel deal tests Iran sanctions  Full Article 

Islamic Fund

Islamic Fund

India gets new Islamic equity fund but debt market still off-limits  Full Article 

Fiscal Deficit

Fiscal Deficit

April-October fiscal deficit nears 90 pct of full-year target  Full Article 

Oil Prices

Oil Prices

Oil hits new four-year low post OPEC as glut looms  Full Article 

Gold Imports

Gold Imports

India eases gold import rule in surprise move.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage