Shares of Gautam Adani-led group companies were in focus in an otherwise subdued market in Thursday’s intra-day trade. While the market capitalisation (m-cap) of Adani Enterprises crossed Rs 3.5 trillion mark, Adani Power’s m-cap, too, crossed Rs 1.5 trillion mark.
Shares of Adani Enterprises (AEL) – the flagship company of Adani Group, hit a new high of Rs 3,146, as the stock rallied 5 per cent on the BSE in Thursday’s intra-day trade. As of 1:54 pm, Adani Enterprises stood at 17th position with Rs 3.5 trillion m-cap in overall m-cap ranking. In the past one month, the stock has surged 30 per cent on the back of strong earnings. In comparison, the S&P BSE Sensex gained 10 per cent, during the same period.