Envestcom Holding RSC Ltd, a UAE-based foreign portfolio investor, has significantly reduced its holding in Adani Energy Solutions by selling shares worth ₹1,737 crore. This major equity offload comes amid a strong turnaround in the company's financial performance.
On August 6, 2025, Envestcom offloaded 2.2 crore equity shares of Adani Energy Solutions through bulk deals on the NSE and BSE. Around 1% equity was sold on the NSE, while the rest was transacted on the BSE at an average price of ₹790 per share. The total deal amounted to ₹1,737 crore and represented 1.8% of the company’s total equity.
For the quarter ended June 2025, Adani Energy Solutions reported a net profit of ₹512 crore, compared to a net loss of ₹824 crore in the same period last year. The previous year’s loss had included a one-time expense of ₹1,506 crore, while the current quarter had no exceptional items. Revenue rose by 27% YoY to ₹6,819 crore and EBITDA climbed 3.1% YoY to ₹2,315 crore, although margins narrowed to 34% from 42%.
Read More: Adani Energy Share Price in Focus After Launching 3 New Subsidiaries!
Post the stake sale, Envestcom’s holding fell below 1%, down from its earlier 2.7% as of June 2025. Other notable foreign portfolio investors include INQ Holding LLC, owning 1.1%, and GQG Partners, holding 5.2% in the company, reflecting strong global investor interest.
On August 7, 2025, Adani Energy Solutions share price opened at ₹788.00 on NSE, below the previous close of ₹791.10. During the day, it surged to ₹792.75 and dipped to ₹769.05. The stock is trading at ₹788.35 as of 2:36 PM. The stock was down by 0.35%.
Over the past week, it has declined by 0.59%, over the past month, it has declined by 11.53%, and over the past 3 months, it has declined by 9.55%.
Envestcom’s sale of 2.2 crore shares in Adani Energy Solutions for ₹1,737 crore marks a significant portfolio move, reducing its stake to below 1%. Despite the offloading, Adani Energy Solutions’ robust financial recovery and positive investor sentiment have kept the stock relatively stable.
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Published on: Aug 7, 2025, 3:55 PM IST
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