Why did Adani Enterprises gain on Friday and why is Adani getting into copper business?

Adani Enterprises shares rallied by 4% on Friday after it announced its entry into the copper business via its wholly owned subsidiary, Kutch Copper Ltd. Adani Enterprises, like most of the other Adani group stocks, has rallied smartly in the last few months and has been a multi-bagger during the current year. Kutch Copper was incorporated to undertake copper business-related activities such as manufacture of copper cathodes and copper rods.