Adani Enterprises share price closes at ₹2,615.40, gains 1.4% on November 2

Key Takeaways

• Adani Enterprises ended November 2 at ₹2,615.40, gaining 1.4%, after trading within a ₹43 range between ₹2,575 and ₹2,618.
• The close remained below the 50-day DMA of ₹2,780.60 and 200-day DMA of ₹2,701.40, while finishing only ₹2.60 below the day's high.
• One- and three-month returns were negative at 7.15% and 13.10%, while six-month and one-year returns remained positive at 8.59% and 8.74%.

Adani Enterprises share price closed the November 2 session at ₹2,615.40, up 1.4% from the previous close of ₹2,579. The stock opened at ₹2,575, which also marked the session low, before moving higher through the day. It reached ₹2,618 at the upper end of the range and finished only ₹2.60 below that level. The high-to-low spread for the session was ₹43, while volume stood at 755,999 shares.

The closing position was stronger than the opening print but remained below the stock's key displayed moving averages. At ₹2,615.40, Adani Enterprises was ₹165.20 below its 50-day DMA of ₹2,780.60. The 100-day DMA was still higher at ₹2,802.10, creating a gap of ₹186.70 from the close. The 200-day DMA stood at ₹2,701.40, or ₹86 above the November 2 closing level. These figures leave all three displayed averages above the session finish.

Across the past 52 weeks, the share has moved between ₹1,753 and ₹3,245. The November 2 close was ₹862.40 above the annual low but ₹629.60 below the annual high. That places the latest price well away from the bottom of its 52-week band, though it remained below the upper end. The session itself was considerably tighter, with the share closing near the day's highest price after beginning at its lowest.

Return periods showed a split between the shorter and longer windows. The one-month return was -7.15%, while the three-month figure was -13.10%. Over six months, however, the return was positive at 8.59%, and the one-year return stood at 8.74%. That contrast means the recent decline has not completely erased the gains recorded over the longer displayed periods.

The November 2 session therefore combined a positive daily move with a close near the intraday high, while the stock remained below its 50-, 100- and 200-day DMAs.