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Adani Energy Solutions Ltd. Stock Analysis ADANIENSOL.NS
Adani Energy Solutions Ltd. engages in establishing, commissioning, setting up, operating, and maintaining electric power transmission systems. The company is headquartered in Ahmedabad, Gujarat and currently employs 4,959 full-time employees. The company went IPO on 2015-07-31. The firm is a private utility providing end-to-end energy solutions. Its segments include Transmission, GTD Business, Smart Metering, and Trading. The Transmission segment is engaged in providing transmission lines for transmission of power. The GTD Business segment is engaged in the generation, transmission, and distribution (GTD) of power business for Mumbai city (Mumbai GTD Business) and Mundra distribution. The Smart Metering segment focuses on supply, installing and maintaining of a Smart Metering Project on a Design-Build-Finance-Own-Operate-Transfer (DBFOOT) basis. The Trading segment is involved in trading activity of goods. The company owns and operates various high voltage AC transmission lines and substations. The company also offers cooling solutions and others. The firm has approximately 21,783 circuit kilometers (ckm) of transmission lines and 61,686 mega volt amp (MVA) of transformation capacity.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.