Shares of Adani Enterprises rallied as much as 8.61% to close at ₹2,712.90 on Thursday following a substantial block deal. According to reports from The Economic Times, the block deal was valued at around ₹1,435 crore and was executed at ₹2,435.60 per share, representing a 2.5% discount to the previous closing price of ₹2,500. The stock demonstrated strong momentum with 3-month returns of 16.91% and 5-year returns of 115.68%, indicating sustained investor confidence in the infrastructure-focused company. Recent market data shows the stock gained 7.57% to ₹2,687.10 during Thursday's session, with about 58.92 lakh shares worth ₹1,435 crore changing hands in the block deal.
Despite reporting a Q4 net loss, Adani Enterprises demonstrated robust operational performance with revenue climbing 20% for the quarter. As reported by The Economic Times, the company's EBITDA rose 3% year-on-year to ₹4,479 crore from ₹4,346 crore in the year-ago period. For the full financial year FY26, the company reported a 3% increase in total income to ₹1.02 lakh crore, with EBITDA standing at ₹16,464 crore and profit after tax rising 31% to ₹9,339 crore, aided by exceptional gains during the period.
Chairman Gautam Adani highlighted the company's transition into a more stable infrastructure-led business model, with nearly 80% of total EBITDA now being contributed by its infrastructure and utility portfolio. According to The Economic Times, this positions the group well for sustained cash generation and long-term value creation. Among individual businesses, airports continued to deliver strong growth with segment EBITDA rising sharply on the back of higher passenger traffic and growth in non-aero revenues, while the Adani New Industries ecosystem reported steady growth in renewable energy and green hydrogen businesses.
The company highlighted progress across key infrastructure assets, including the inauguration of the Ganga Expressway and capacity expansion in its data centre and airport businesses. As reported by The Economic Times, in the roads business, construction activity slowed considerably during the quarter, but the company continued to expand its infrastructure pipeline by adding new hybrid annuity and toll-operate-transfer projects. The company's core infrastructure businesses remained resilient despite volatility in certain segments, with the infrastructure and utility portfolio providing improved earnings visibility and strengthened cash flow stability.
