The surge also erased much of the 10 stocks' losses since the explosive Hindenburg report in January. On a day the market gained ₹2.9 trillion, investors in Adani group companies turned wealthier by ₹1.9 trillion, marking the biggest single-day jump in value for the infrastructure conglomerate.
On Tuesday, three Adani stocks shot up 20% each to hit their upper circuit limits Adani Green Energy Ltd (₹1,348.50), Adani Energy Solutions Ltd (₹1,084.40) and Adani Total Gas Ltd (₹878.70). The group's market cap neared 14 trillion on Tuesday. While that is a fair bit away from the ₹19.2 trillion market cap of 24 January, just before Hindenburg hit, the group has still recovered a large chunk of the ₹12.5-trillion fall in market cap it had suffered.
In the two trading sessions since the Bharatiya Janata Party (BJP) triumphed in three state polls, the 10 Adani companies have gained ₹2.7 trillion, contributing 30% to the ₹8.79-trillion addition in investor wealth in the markets.
هذه القصة مأخوذة من طبعة December 06, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 06, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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