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Money Dec 21, 2012

Adani Enterprises gains 4% on higher floor price for share sale

Shares is Adani Enterprises gained 4 percent in early trade after its promoters set the floor price for a share sale at Rs 282 per share.

Reuters

Dealers say the floor price is higher than market expectations.

Adani Enterprises fell 7.1 percent to Rs 271 on Thursday ahead of its planned sale of 23 million shares on Friday.

Reuters


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