Shares of Adani Enterprises touched its 52-week high of Rs 188.20, gaining nearly 3 percent intraday on October 29 after the company partnered with US-based digital realty company to build India's data centre infrastructure.
The company entered into a partnership with San Francisco-based Digital Realty, the world's leading global provider of data centre, colocation and interconnection solutions.
According to a memorandum of understanding signed between Adani Enterprises and Digital Realty, they will jointly evaluate developing and operating data centres, data centre parks and cultivating undersea cable provider communities of interest across India, as per BSE release.
"The skill sets of the two companies are complementary, and together we can provide unmatched products and solutions to customers in India," said Adani Group Chairman, Gautam Adani.
At 1046 hrs, Adani Enterprises was quoting at Rs 187.65, up Rs 4.25, or 2.32 percent on the BSE. Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.