Adani Enterprises tops Rs 3.9L cr mcap as AGM flags Rs 1.55L cr FY26 capex, $10bn EBITDA
Shares gained 2.4% intraday to Rs 3,036 during Adani Group's AGM 2026, extending a 66% three-month rally and 34% YTD run. Chairman Gautam Adani guided to record FY26 capex of Rs 1.55 lakh crore, Rs 94,834 crore EBITDA and Rs 55,852 crore cash, framing balance-sheet firepower for airports and retail arm expansion.
Adani Enterprises shares rose 2%+ during Adani Group's AGM 2026, taking mcap past Rs 3.9 lakh crore. Chairman Gautam Adani flagged record FY26 capex of Rs 1.55 lakh crore, $10bn EBITDA, and strongest-ever balance sheet supporting retail/airport arm expansion.
Why this matters
AGM guidance builds on Morgan Stanley's Overweight call citing airports, copper and roads scale-up, and precedes the planned FY28 demerger of incubated businesses including airports.
Retail-company signals steady at 3,619 over the last 90 days.