{"id":518963,"date":"2022-09-03T09:32:06","date_gmt":"2022-09-03T04:02:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518963"},"modified":"2022-09-03T10:14:15","modified_gmt":"2022-09-03T04:44:15","slug":"adani-utility-firm-eclipses-india-giants-in-value-with-a-rise-of-125-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-utility-firm-eclipses-india-giants-in-value-with-a-rise-of-125-2\/","title":{"rendered":"Adani utility firm eclipses India giants in value with a rise of 125%"},"content":{"rendered":"<p>Adani Transmission Ltd. has blown past entrenched corporate giants to become India\u2019s 10th-largest listed firm by market value as part of a broader runaway rally in Adani Group stocks.<\/p>\n<p>Shares of the New Delhi-based power utility have climbed almost 125% this year, boosting its market capitalization to 4.4 trillion rupees ($55.2 billion) in Mumbai on Friday. Its valuation surpassed Life Insurance Corp. of India &#8212; the country\u2019s largest insurer &#8212; and cigarettes-to-cookies maker ITC Ltd.<\/p>\n<p>Market value of Adani Transmission now beats India&#8217;s LIC, Bharti, ITC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Transmission Ltd. has blown past entrenched corporate giants to become India\u2019s 10th-largest listed firm by market value as part of a broader runaway rally in Adani Group stocks. Shares of the New Delhi-based power utility have climbed almost 125% this year, boosting its market capitalization to 4.4 trillion rupees ($55.2 billion) in Mumbai on Friday. Its valuation surpassed Life Insurance Corp. of India &#8212; the country\u2019s largest insurer &#8212; and cigarettes-to-cookies maker ITC Ltd. Market value of Adani Transmission now beats India&#8217;s LIC, Bharti, ITC<\/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-518963","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\/518963","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=518963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}