{"id":373150,"date":"2020-09-11T08:46:54","date_gmt":"2020-09-11T03:16:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373150"},"modified":"2020-09-11T09:17:19","modified_gmt":"2020-09-11T03:47:19","slug":"this-adani-group-stock-has-zoomed-1250-in-a-year-surpasses-ongc-in-m-cap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/this-adani-group-stock-has-zoomed-1250-in-a-year-surpasses-ongc-in-m-cap\/","title":{"rendered":"This Adani group stock has zoomed 1250% in a year; surpasses ONGC in m-cap"},"content":{"rendered":"<p>Shares of Adani Green Energy (AGEL) hit a fresh record high of Rs 619, up 5 per cent on the BSE in intraday trade on Thursday, ahead of its April-June quarter (Q1FY21) result due on Friday, September 11. <\/p>\n<p>The stock of Gautam Adani-led Adani Group renewable energy company has rallied 1,259 per cent in a year &#8211; from Rs 45.55 on September 9, 2019, as compared to a 3.5 per cent rise in the S&amp;P BSE Sensex. <\/p>\n<p>The sharp rally in the stock has helped the company surpass state-owned oil exploration &amp; production company Oil and Natural Gas Corporation (ONGC) in terms of market capitalisation (m-cap). At 10:14 am, with Rs 93,692 crore m-cap, AGEL stood ahead of ONGC, which has a m-cap of Rs 92,905 crore. ONGC, on the other hand, has slipped 44 per cent in the past one year due to poor earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Green Energy (AGEL) hit a fresh record high of Rs 619, up 5 per cent on the BSE in intraday trade on Thursday, ahead of its April-June quarter (Q1FY21) result due on Friday, September 11. The stock of Gautam Adani-led Adani Group renewable energy company has rallied 1,259 per cent in a year &#8211; from Rs 45.55 on September 9, 2019, as compared to a 3.5 per cent rise in the S&amp;P BSE Sensex. The sharp rally in the stock has helped the company surpass state-owned oil exploration &amp; production company Oil and Natural Gas Corporation (ONGC) [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-373150","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373150"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373150\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}