New Delhi, Dec. 8 -- The Rs.25,000-crore rights issue of Adani Enterprises (AEL), the flagship company of the Gautam Adani-led conglomerate, has seen a sharp rise in investor interest over the last two sessions, with the Rights Entitlement (RE) price surging over 23%, rising from Rs.349.80 on 3 December to Rs.430.65 on 5 December.

According to the data, nearly half of the bids have come in over the last 48 hours, signalling accelerating demand from both global and domestic investors.

Given the sharp move in RE and the size of the transaction, this remains one of the most closely watched capital market developments this month. The ongoing rights issue entered its tenth day on Monday, 8 December.

A rights issue is a method through which ...