Adani Stocks Rally, Adani Enterprises Market Cap Soars Above 3 Lakh Crore

Shares of all Adani Group stocks witnessed a surge on Friday. Adani Energy Solutions inked a deal with Megha Engineering & Infrastructure Ltd for the acquisition of KPS 1 Transmission Ltd. Meanwhile, market capitalisation of Adani Enterprises soared above 3 lakh crore for the first time in three months after today's rally. Current market capitalisation of Adani Enterprises is Rs 2,94,034.79 crore.

Shares of Adani Enterprises share surged 4.48% to 2590.75 apiece till 12:30 pm. Adani Enterprises stock soared 50% in last 6-months, fell 32% year-to-date, and rallied 1108% in last 3-years.

Adani Ports And Special Economic Zone stock jumped 3.10% or 25 points and currently trading at 835.60 apiece on BSE. Adani Ports And Special Economic Zone soared 44% in last 6-months.

Adani Power shares witnessed a steep rally of 7.57% today and the current market price of the stock is Rs 308.20 apiece. In last 6-months, Adani Power jumped 98%. Shares of Adani Transmission Ltd rallied 5.02% on BSE and current market price of the stock is quoted at Rs 861.55 apiece. Adani Transmission declined 66% year-to-date and 76% in last 1-year.

Adani Green Energy shares jumped 7.35% today till 12:37 pm with current market price of the stock quoted at Rs 1001.60 apiece. Adani Green rose 58% in last 6-months. According to Adani Green's BSE filing dated August 17, 2023, "We would like to inform that Mundra Solar Energy Limited ("MSEL"), an Associate Company has received the commercial operational date ("COD") certificate from Solar Energy Corporation of India ("SECI") for Solar PV Cells and Solar PV Modules manufacturing plant located at Mundra in the state of Gujarat. The plant has a capacity of 2.0 GW per annum."

Adani Green Energy Limited holds 26% shares of MSEL through its Wholly-owned Subsidiary Adani Renewable Energy Holding Four Limited ("AREH4L").

Adani Total Gas shares soared 3.72% intraday and current market price of the stock is 657.30 apiece. Adani Total Gas fell 32% in last 6-months.

Meanwhile, Adani Wilmar stock rallied 4.83% till 12:43 pm. Current market price of Adani Wilmar share is Rs 386.00 apiece on BSE. Adani Wilmar declined 35% year-to-date.

Adani Group stock ACC shares jumped 1.90% with current market price at 1937.35 apiece. ACC Ltd gained 13% in last 3-months and declined 20% year-to-day.

Current market price of Ambuja Cements share is 453.55 apiece after a rally of 1.76%. Ambuja Cements jumped 28% in last 6-months.

Current market price of NDTV share is 225.50 apiece after the surge of 2.04% till 12:49 pm.