Adani Enterprises' stock drops 2% after the company authorized the sale of 4,200 crore shares via QIP.

Shares of Adani Enterprises fall 2% as the firm approved the sale of 4,200 crore shares through QIP.

Shares of Adani Enterprises fall 2% as the firm approved the sale of 4,200 crore shares through QIP. A floor price of Rs 3,117.4750 per share has been established for the same. The Adani Group firm has the option to provide a floor price reduction of up to 5%. The issue launched on Wednesday. Cantor…

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