Adani Enterprises share price closes at ₹2,997; gains 0.74% on September 22

Key Takeaways

• Adani Enterprises closed at ₹2,997 on September 22, gaining ₹22 or 0.74% from its previous close of ₹2,975. 
• The share stayed within a ₹46 intraday range and finished ₹17 above the session low of ₹2,980 and ₹29 below the ₹3,026 high. 
• At the close, the price was ₹9.80 above its 50-day DMA of ₹2,987.20 and ₹297.40 above its 200-day DMA of ₹2,699.60. 

Adani Enterprises share price ended the September 22 session at ₹2,997, up ₹22 from the previous close of ₹2,975. That translated into a daily gain of 0.74%. The stock had opened at ₹2,995, only ₹2 below where it eventually finished. It moved as high as ₹3,026 and as low as ₹2,980 during the session, producing a ₹46 trading range. 

The close came ₹17 above the day's low and ₹29 below the high. This left the final price in the upper half of the session band without matching the intraday peak. Trading volume reached 870,061 shares. Market capitalisation stood at about ₹405,617 crore, keeping Adani Enterprises among the larger companies in the Nifty 50 by market value. 

Moving-average levels were clustered more closely around the latest price at the shorter end. The 50-day DMA was ₹2,987.20, leaving the September 22 close ₹9.80 higher. The 100-day DMA was lower at ₹2,878.10, a gap of ₹118.90 from the closing price. A wider separation remained against the 200-day DMA of ₹2,699.60, with the close ₹297.40 above that level. 

Across the previous 52 weeks, the stock had traded between ₹1,753 and ₹3,245. The September 22 close was ₹248 below the 52-week high, while the distance from the annual low was ₹1,244. The position within that range was therefore much closer to the upper boundary than the lower one. 

Recent return periods were mixed in scale. The one-month return was listed at 0%, while the three-month return stood at -1.36%. Over six months, the return was 55.52%, considerably higher than the one-year reading of 22.48%. That difference made the six-month figure one of the more prominent numbers on the stock's September 22 price profile.