Adani Group m-cap crosses ₹12 lakh cr as stocks zoom after BJP win
Adani group stocks, which have maintained an uptrend since last week following the Supreme Court's concluded hearings of the Adani-Hindenburg case, surged between 6-14% intraday.
Adani group stocks, which have maintained an uptrend since last week following the Supreme Court's concluded hearings of the Adani-Hindenburg case, surged between 6-14% intraday.
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
Adani Total Gas shares touched two-year low, while Adani Enterprises extends losing streak for the 9th straight session.
Barring Adani Enterprises, Adani Ports, ACC, and Ambuja Cements, shares of six listed Adani group stocks ended higher today.
The combined market capitalisation of Adani Group stocks touched ₹11.29 lakh crore on Monday, hitting six months high amid recent investments by Rajiv Jain-led GQG Partners.
Adani Green Energy was the best performer among the group stocks with 15.58% increase in market cap, while NDTV was the least performer with 0.61% rise in value.
The cumulative market valuation of 10 listed Adani stocks has gone up by ₹1.45 lakh crore in the last two sessions to ₹10,79,277 crore in early trade today.
Shares of three Adani Group companies - Adani Transmission, Adani Total Gas and Adani Green Energy - hit their respective 5% upper circuit limits.
An independent third-party confirmation of its accounts would go a long way in establishing and restoring credibility, says SES.
Before the opening of the Indian stock market, Gautam Adani through a video message assured investors that Adani Group has strong fundamentals, healthy balance sheet and robust assets.