Adani Group Market Cap Jumps To 3-Month High, Adds Rs 45,200 Crore In 1 Day
NDTV
The overall market capitalisation of the 10 Adani Group companies shot up to Rs 10.96 lakh crore on Friday, stock exchange data showed. The market capitalisation stood at Rs 10.51 lakh crore at close on Thursday.
Billionaire Gautam Adani's ports to power conglomerate added over Rs 45,200 crore in market capitalisation in a single day on Friday as shares of all 10 listed group firms surged after global investors showed renewed interest in the group.
The overall market capitalisation of the 10 Adani Group companies shot up to Rs 10.96 lakh crore on Friday, stock exchange data showed. The market capitalisation stood at Rs 10.51 lakh crore at close on Thursday.
Market experts say the rise in the stock price is due to an increase in interest from global investors.
