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Sujit Sharma
@sujitsharma · 2:16

Adani Enterprises FPO opens today

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The flagship entity of the Adani Group is selling sales in a price band of 3112-3276 apiece with an option to buy now pay later by way of subscribing to partly paid sales. On Wednesday the stock closed at rupees 3389 Rs85 on the BSE about 3.5% above the upper end of the FPO price band. The company is offering a discount of the 64% to retail investors. While those advising clients to bid in the FPO are bullish about the company's long term prospects

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