SBI Mutual Fund’s ₹1,435 Crore Stake Deal Pushes Adani Enterprises to 52-Week High with Nearly 9% Gain

Adani Enterprises Ltd shares reached a 52-week high on May 14, 2026, closing at ₹2,719 on the National Stock Exchange. The stock recorded a gain of 8.85% during the session, supported by strong trading activity.

The price movement coincided with a significant institutional transaction involving SBI Mutual Fund and GQG Partners. The development highlights active participation by domestic institutional investors in large-cap stocks.

Adani Enterprises Share Price Movement

Adani Enterprises witnessed a notable surge during the trading session, with its stock closing at ₹2,719. This marks a 52-week high, reflecting strong investor interest and market activity.

The stock gained 8.85% on the day, indicating positive momentum in trading volumes. The rise came alongside a major block deal, which contributed to increased liquidity and visibility in the stock.

SBI Mutual Fund Acquires Entire Block

SBI Mutual Fund acquired 58.92 lakh shares of Adani Enterprises through the block deal. The purchase was executed at an average price of ₹2,435.60 per share.

This resulted in a total transaction value of ₹1,435.16 crore, making it a sizeable institutional investment. The acquisition of the entire block by a single domestic investor reflects strong absorption capacity and participation in large equity transactions.

GQG Partners Trims Stake in Adani Enterprises

GQG Partners, through its Emerging Markets Equity Fund, sold 58,92,423 shares representing a 0.45% stake in Adani Enterprises. Following this transaction, its holding declined to 1.14% from 1.59% in the company.

The sale does not indicate a complete exit but rather a partial reduction in exposure. Such stake adjustments are typically associated with portfolio rebalancing or profit-booking strategies by institutional investors.

Block Deal Structure and Market Impact

A block deal refers to a large transaction executed through a dedicated trading window on the stock exchange. In such deals, the buyer and seller agree on price and quantity beforehand, ensuring smooth execution.

This mechanism helps prevent excessive price fluctuations during large trades. In this case, the full absorption of shares by SBI Mutual Fund ensured stability in execution despite the high transaction value.

Read More: SBI Mutual Fund's Magnum SIF Tops the List.

Conclusion

Adani Enterprises’ share price reached a 52-week high of ₹2,719 on May 14, 2026, supported by robust market activity. The ₹1,435 crore block deal saw SBI Mutual Fund acquire a 0.45% stake from GQG Partners.

While GQG reduced its holding, the full absorption by a domestic investor highlights sustained institutional engagement. Overall, the development reflects evolving ownership patterns and active participation in large-cap equity transactions.

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