All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league
Shares of all the 10 listed companies of the Adani Group surged on Monday, posting their biggest daily gains since the Hindenburg report on January 24. An interim report by the Supreme Court (SC)-appointed panel on Friday did not find any conclusive evidence to support allegations made by the US short seller could have been the trigger.
As a result, the combined market capitalisation (m-cap) of the 10 Adani Group stocks rose by Rs 82,000 crore, extending the two-day gains to Rs 1.15 trillion.
Flagship Adani Enterprises surged the most at 18.8 per cent, followed by Adani Wilmar at 10 per cent and Adani Ports and SEZ by 6 per cent. The other seven group stocks rose by 5 per cent each.
