Impact of strong rally in Adani Group shares...
Impact of strong rally in adani Group shares...When all the exit polls predicted the return of the Modi government to power with a strong majority at the Center, the indian stock market swelled in Monday's trading session. The 10 listed companies of the adani Group have also contributed a lot to this big boom, whose shares have seen a strong jump. The rise in the shares of the adani Group can be gauged from the fact that the market cap of the listed companies of the adani Group has also crossed the level of market cap before the Hindenburg report against the group last year.Market cap reaches 19.42 lakh croresThe market cap of the 10 listed companies of the adani Group has reached Rs 19.42 lakh crore in today's session. Whereas before the Hindenburg report was made public on 24 january 2023, the market cap of the adani Group was Rs 19.2 lakh crore. The major credit for the jump in the market cap of adani Group goes to the group's flagship company adani Enterprises and adani Power, whose shares closed with gains of 6.86 per cent and 15.71 per cent. adani Ports stock also closed with a jump of 10.20 per cent.Strong jump in adani Group stocksAdani Energy closed with a jump of 8.83 per cent, adani Green Energy 6.79 per cent, adani Total Gas 7.71 per cent, adani Wilmar 3.51 per cent, ACC 5.36 per cent, Ambuja Cement 5.80 per cent and NDTV 6.25 per cent. From before the disclosure of the Hindenburg report till now, adani Power stock has given a return of more than 200 per cent to its shareholders. adani Ports will be a part of the Sensex from june 24, 2024. This is the first company of the group to be included in the Sensex.