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Adani Enterprises rises on ₹4,081 cr Kedarnath ropeway win
short by / on Tuesday, 16 September, 2025
Adani Enterprises gained after securing a ₹4,081 crore project to build a 12.9 km ropeway to Kedarnath under the Parvatmala Pariyojana. The PPP project will cut the trek to 36 minutes and carry 1,800 passengers per hour, with a 29-year ops contract. Analysts advise buying on dips near ₹2,150-2,200, targeting ₹2,450-2,600.
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