Adani Enterprises recently saw investor activity.
Abu Dhabi-based International Holding Company (IHC) increased its stake in Adani's flagship enterprise to over 5%, citing confidence in its incubation model.
IHC believes in the strength of AEL's ventures including airports, data centres, and green hydrogen, aligning with India's growth trajectory.
Recently, IHC announced a strategic shift, divesting stakes in Adani Green Energy and Adani Energy Solutions.
Adani Group sees IHC's increased stake as a validation of their sustainable infrastructure and energy transition endeavours.
Adani Enterprises shares are up by 3% as of 12:30 p.m. on October 4, trading at 2457.15 on NSE.