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)
Trending On Reuters
Construction firm Larsen & Toubro Ltd reported a quarterly profit well below analysts' estimates, as several of its local infrastructure orders were deferred, leading to a decline in domestic business. Full Article