Adani Green Energy surpasses Adani Ports to become most-valued group firm
Adani Green Energy surpassed Adani Ports and Special Economic Zone (SEZ) to become the most valued Adani Group Company in terms of market capitalisation (market-cap) after its shares were locked in 5 per cent upper circuit at Rs 463.65 on the BSE. At this stock price, the company had a market-cap of Rs 72,515 crore.
On the other hand, Adani Ports and SEZ, which was trading flat at Rs 348.55 at 9:17 AM, has the market-cap of Rs 70,817 crore, exchange data shows. In comparison, the S&P BSE Sensex was up 0.5 per cent at 35,086 points.
In the overall market-cap ranking of listed companies, Adani Green Energy stood at 38th position. It is ahead of Pidilite Industries, Godrej Consumer Products, Dr Reddy’s Laboratories, Divis Laboratories and Mahindra & Mahindra.
