Adani Green Energy becomes first Group co to join Rs 2-trillion m-cap club
Shares of Adani Group companies were on roll on Tuesday with Adani Green Energy crossing Rs 2-trillion market capitalisation (market-cap) on the BSE, while Adani Total Gas touched Rs 1-trillion m-cap in the intra-day deals after a strong rally in these stocks.
Adani Green Energy (AGEL) is the first group company to hit Rs 2-trillion market-cap. At 09:29 am, the company had an m-cap of Rs 2.05 trillion, BSE data shows.
The shares of the company, engaged in renewal business, were locked in the 5 per cent upper circuit band for the third straight day after Adani Renewable Energy Holding Fifteen Limited (AREHFL), a subsidiary of the company, received Letter of Award (LOA) for 300 MW wind project.
