NDTV-Led Rally Boosts Adani Group Market Cap To Rs 16.9 Lakh Crore
Shares of NDTV closed 4.74% higher at Rs 239.75 per share on the NSE.
New Delhi Television Ltd. led the rally in the Adani Group's stocks on Friday, pushing its market capitalisation to Rs 16.9 lakh crore. The rise was also driven by gains in Adani Energy Solutions Ltd., Adani Power Ltd., and Adani Ports & Special Economic Zone Ltd.
During the day, the group's market capitalisation gained as much as Rs 36,304.7 crore to Rs 17.1 lakh crore.
Shares of NDTV closed 4.74% higher at Rs 239.75 per share on the NSE, compared to a 2.05% advance in the benchmark Nifty.
The benchmark equity indices recovered from their losses on counting day and recorded their highest close on Friday as heavyweights led the rally. The NSE Nifty 50 closed 468.75 points or 2.05%, up at 23,290.15, while the S&P BSE Sensex closed 1,618.85 points or 2.16%, higher at 76,693.36.
Disclaimer: NDTV Profit is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
