Adani Enterprises shares jump over 3.5% after its arm acquired Granthik Realtors

Adani Enterprises share price surged 3.7% to an intraday high of ₹2,681.60 apiece after the company’s arm AdaniConneX acquired a 100% stake in Granthik Realtors Private for ₹85.99 crore on Friday, June 27.

AdaniConneX has acquired the entire stake of Granthik from Windson Projects via a share purchase agreement, the company said.

“AdaniConneX Private Limited (ACX), a joint venture of the Company, has completed the acquisition of a 100% stake in Granthik Realtors Private Limited (GRPL) from Windson Projects LLP (‘WP’) and its nominees on 26th June, 2025, by virtue of a Share Purchase Agreement (‘SPA’) executed on 26th June, 2025, by the parties,” Adani Enterprises said in a regulatory filing.

The Adani firm further explained that the objective for the acquisition is to develop various infrastructure facilities.

Meanwhile, Adani Group has emerged as the fastest-growing Indian brand, with its aggressive and integrated infrastructure focus driving growth, according to the latest ranking of Most Valuable Indian Brands 2025 by Brand Finance.

This week, the Adani Group shared plans to invest $15-20 billion a year across businesses over the next five years to chart out the next phase of growth. Chairman Gautam Adani had said he touted the conglomerate's strong balance sheet to shrug off US indictment.

** Adani Enterprises Q4 earnings**

Billionaire Gautam Adani-backed Adani Enterprises Limited (AEL) had reported a net profit of ₹3,845 crore in the January-March quarter, marking an increase of 752% from ₹451 crore logged in the same period last year.

The sharp jump in profit came on the back of an exceptional gain of ₹3,945.73 crore resulting from stake sales in Adani Wilmar (now known as AWL Agri Business).

Its revenue from operations, however, declined 7% to ₹27,601.64 crore as against ₹29,630 crore seen in the year-ago period.

The company's operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 19% to ₹4,346 crore at the end of the March quarter from ₹3,646 crore in the year-ago period.

Its operating profit margin improved by 340 basis points to 15.74% from 12.30%.