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Google’s AI hub in Visakhapatnam is a multi-faceted investment of approximately $15 billion over five years (2026-2030), comprising gigawatt-scale data centre operations, supported by a robust subsea cable network and clean energy, to drive the most demanding AI workloads in India. It will be brought to life in close collaboration with ecosystem partners including AdaniConneX and Airtel.
Gautam Adani, chairman of the Adani Group, said: 'The Adani Group is proud to partner with Google on this historic project that will define the future of India's digital landscape.
Visakhapatnam is now set to become a global destination for technology, and we are thrilled to be the architects of this monumental journey.'
AdaniConneX is a 50:50 joint venture entity between Adani Enterprises and EdgeConneX, a global data center operator.
Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure.
The company’s consolidated net profit declined 49.5% to Rs 734.41 crore on 13.8% fall in net sales to Rs 21,961.20 crore in Q1 FY26 over Q1 FY25.
The scrip shed 0.34% to currently trade at Rs 2518 on the BSE.
Adani Road Transport, a wholly owned subsidiary of Adani Enterprises has executed a share purchase agreement on 30 September 2025, with:
a. Yashodhan Highways (YHPL) and DRN Infrastructure (DRN/Existing Shareholder) to acquire 100% stake in YHPL; and
b. KN Highways Development (KNHDPL) and DRN Infrastructure (DRN/Existing Shareholder) to acquire 100% stake in KNHDPL.
Adani Enterprises Ltd fell for a fifth straight session today. The stock is quoting at Rs 2507.6, down 0.08% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 24664.4. The Sensex is at 80439.96, up 0.09%.Adani Enterprises Ltd has gained around 9.78% in last one month.Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has increased around 7.97% in last one month and is currently quoting at 9923.1, up 1.25% on the day. The volume in the stock stood at 4.15 lakh shares today, compared to the daily average of 16.32 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 2506, down 0.4% on the day. Adani Enterprises Ltd tumbled 21.3% in last one year as compared to a 4.39% slide in NIFTY and a 1.72% fall in the Nifty Metal index.
The PE of the stock is 127.16 based on TTM earnings ending June 25.