Shares of Adani Enterprises rose 1.94% to ₹2,520 in early trade on Monday, following the announcement that its airport subsidiary, Adani Airports Holdings Ltd (AAHL), raised $1 billion through a project finance structure to support the expansion of Mumbai International Airport Ltd (MIAL).
The company said the funds were secured from global investors including Apollo-managed funds, BlackRock-managed funds, and Standard Chartered, marking India’s first investment-grade rated private bond issuance in the airport infrastructure sector. The financing includes a $750 million bond maturing in July 2029 and a provision to raise an additional $250 million.
This capital will enable development, modernization, and capacity enhancement at MIAL, reinforcing AAHL’s position as India’s largest private airport operator.
Adani Enterprises’ market capitalization now stands at ₹2.9 lakh crore, with the stock trading between ₹2,503 and ₹2,529.20 on Monday. The company maintains a P/E ratio of 40.53 and a low dividend yield of 0.05%.
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