New Delhi, June 4 -- Shares of Adani Enterprises rose modestly on Wednesday, June 4, following the announcement that its subsidiary, Adani Airports Holdings Ltd (AAHL), secured $750 million through external commercial borrowings (ECB) from a consortium of leading international banks.

The stock gained 0.8 percent during intra-day trade to touch a high of Rs.2,492.40. The rally came on the back of fresh capital infusion at AAHL, India's largest private airport operator, which is set to power the next phase of its infrastructure-led growth.

According to the press filing made by the company, AAHL-wholly owned by Adani Enterprises-raised the $750 million through ECBs led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The...