Adani Group Market Cap : Investors’ confidence returns to Adani’s shares, the group’s market capitalization crosses the 11 lakh crore rupees mark.

Adani Group Market Cap – Adani Group Stocks Value: Adani Group’s shares had witnessed a significant decline at the beginning of the year. However, after the setbacks caused by the allegations from Hindenburg, investor confidence has now returned…

Investor confidence has returned to Adani Group’s shares. Market figures indicate the same. The market capitalization of Adani Group’s companies crossed the 11 lakh crore rupees mark on Friday. Both domestic and foreign investors are actively investing in the group’s shares, providing support.

Adani Group’s companies in the market
Currently, Adani Group has 10 listed companies in the stock market. These include the flagship company Adani Enterprises, as well as Adani Green, Adani Ports, Adani Power, Adani Energy Solutions, Adani Wilmar, Adani Total Gas, ACGL, Ambuja Cement, and Adani Transmission. In Friday’s trading, 6 out of the group’s 10 shares showed growth, while the prices of 4 shares saw a slight decline.

Adani Group Market Cap : Power shares reach a 10-month high
Adani Power led the way with a 3% increase in share prices in Friday’s trading. Operational improvements are helping Adani Power’s shares, and they have reached a 10-month high due to the consistent uptrend.

A significant increase in value within a day
The continuous improvement in share prices is boosting Adani Group’s market capitalization. One day earlier, the combined market capitalization of Adani Group’s 10 listed companies was 10 lakh 96 thousand crore rupees, which crossed the 11 lakh crore rupees mark after the completion of Friday’s trading. In just one day, Adani Group’s companies have gained approximately 7,039 crore rupees in market capitalization.

Recovery in progress
This year has not been smooth for Adani Group’s shares. At the beginning of the year, Adani Group faced challenges due to the Hindenburg report. The Hindenburg report made serious allegations against Adani Group. As a result, Adani Group’s shares saw a significant decline for almost a month. Consequently, Adani Group’s market capitalization had dropped to around 5 lakh crore rupees in the early days of March 2023. However, Adani’s shares have shown a good recovery since then, surpassing their previous levels by more than double.

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