Adani Enterprises shares rise nearly 2% as Adani Airports secures $1 billion funding for Mumbai International Airport
By Aditya Bhagchandani Published on June 24, 2025, 09:36 IST
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%.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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