Adani Defence Systems and Technologies Limited - a wholly owned subsidiary of Adani Enterprises Ltd has acquired the control of Alpha Design Technologies Private Limited.
Alpha Design Technologies Private Limited provides Adani Defence and Aerospace a strong Tier - I capability for building a base for graduating to platform capabilities.
Alpha Design Technologies Private Limited established in 2003 for the design, development and manufacture of defence electronics and avionics.
Key Business Areas - Defence Electronics, Avionics, Aero-structure Assemblies, Space and Satellite Systems, Simulators etc.
Key Customers - Global OEM's, DPSU's and Research Establishment [DRDO etc.] Indian Armed Forces, ISRO etc. Alpha Design Technologies Private Limited had consolidated turnover of Rs. 218 crore in 2017-18.
Shares of ADANI ENTERPRISES LTD. was last trading in BSE at Rs.138.5 as compared to the previous close of Rs. 143.4. The total number of shares traded during the day was 415961 in over 2255 trades.
The stock hit an intraday high of Rs. 144.35 and intraday low of 137.85. The net turnover during the day was Rs. 58185154.