December 21, 2012 / 4:27 AM / 5 years ago

Adani Enterprises up on higher share sale floor price

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

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

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