Rs 643 Crore Block Deal in Adani Group Stock; Birla Mutual Fund Emerges Buyer
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Birla Mutual Fund purchased 48.05 lakh shares of Adani Energy Solutions Ltd through a block deal, while Qatar Holding LLC sold an equivalent stake on BSE.
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On Monday, the Indian equity benchmarks traded higher during the morning session, with the benchmark Nifty 50 index gaining 1.27 per cent during the session. Power transmission and energy infrastructure stocks remained in focus amid block deal activity. In this segment, Adani-energy-solutions-ltd-271875">Adani Energy Solutions share price were trading higher by 1.27 per cent at Rs 1,385.30 after a large block deal transaction was executed on the BSE.
Adani Energy Block Deal Details
According to exchange data, Birla Mutual Fund purchased 48,05,974 equity shares of Adani Energy Solutions Ltd through a block deal on May 22, 2026. The transaction was executed at a price of Rs 1,339 per share on BSE.
On the other side of the transaction, Qatar Holding LLC sold 48,05,974 equity shares at the same price through the block deal mechanism. The total transaction value stood at approximately Rs 643.52 crore.
The traded quantity represented around 0.40 per cent equity stake in the company.
Adani Energy Stock Performance
Adani Energy Solutions Ltd currently commands a market capitalisation of around Rs 1,66,197 crore. The stock has declined around 3.60 per cent over the past one month. However, it has delivered returns of around 42.47 per cent over the past six months and gained nearly 57.52 per cent over the past one year.
About Adani Energy
Adani Energy Solutions Ltd, formerly known as Adani Transmission Limited, is engaged in power transmission, distribution, smart metering and energy infrastructure businesses. The company is part of the Adani Group and operates one of India’s largest private sector transmission networks.
The company develops, owns and operates transmission assets across multiple states and is also involved in distribution utilities and smart energy solutions. Adani Energy Solutions continues to expand its presence in India’s power infrastructure sector through transmission projects, distribution operations and digital energy initiatives.
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Disclaimer: This article is for informational purposes only and not investment advice.