Adani Group Becomes Third Indian Company To Cross $100 Billion In Market Value

Mumbai (Maharashtra):

Adani Group has change into India’s third conglomerate to cross 100 billion {dollars} in market capitalisation with shares of 4 of its six listed firms reaching an all-time excessive on Tuesday. The whole market cap of the six listed Adani Group firms stood at greater than 104 billion {dollars}, based on BSE knowledge.

Adani Enterprises hit an all-time excessive of Rs 1,225.55 on Tuesday whereas Adani Transmission jumped to Rs 1,109.90 and Adani Ports gained to Rs 837.45.

Adani Power rose by 5 per cent to Rs 98.40 whereas Adani Green Energy gained by 2.2 per cent to Rs 1,194.55. Earlier, Tata Group and Mukesh Ambani-led-Reliance Group have achieved this milestone. Tata Group’s present market cap is 242 billion {dollars} whereas RIL Group’s m-cap is 190 billion {dollars}.