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Monday, December 4, 2023

Adani group stocks in heavy demand; Adani Green Energy jumps 9%

Adani group shares extended gains following state poll results, pushing the total market valuation of group companies to the Rs 12 lakh crore mark. Adani Green Energy, Ambuja Cements, Adani Enterprises, ACC, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Adani Energy Solutions, Adani Total Gas, NDTV, and Adani Wilmar all saw significant increases in their share prices. The combined market capitalisation of all Adani group firms hit Rs 12 lakh crore, the first time since facing a slump earlier this year.

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