Adani group stocks surge as market cap hits Rs 14.8 lakh crore
Shares of Adani Group continued their bullish trend for the fourth consecutive day, propelling the conglomerate’s combined market capitalization to ₹14.8 lakh crore. The surge was led by Adani Total Gas, which soared by 20%, reaching a fresh 52-week high of ₹1,053.40. This marks a significant milestone as the stock surpassed the ₹1,000 mark for the first time since March 24, 2023.
Adani Ports and Special Economic Zone (APSEZ) and Adani Power also witnessed substantial gains, rallying over 7% each to achieve new 52-week highs of ₹1,082.50 and ₹589.45, respectively. Adani Energy Solutions surged nearly 12%, reaching a 52-week high of ₹1,246.00, while Adani Green Energy rose by 16% to ₹1,569.95. Adani Enterprises, the flagship firm, climbed 6%, reaching a day’s high of ₹3,154.55 on Wednesday.
