Shares of most Adani Group companies surged on Wednesday, amid an overall jump in the value of domestic equities.
Adani Group stocks added as much as Rs 1.25 lakh crore in investor wealth, taking their total market capitalisation to Rs 16.77 lakh crore intraday. As of 3:19 p.m., the shares had added Rs 80,661 crore in market capitalisation, taking it to Rs 16.32 lakh crore.
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Adani Green Energy Ltd. led gains as the stock rose 10%, while Adani Ports and Special Economic Zone Ltd. was up over 9%. Ambuja Cements Ltd. gained over 7%.
Shares of Adani Enterprises jumped nearly 7%, while New Delhi Television Ltd. rose over 5%.
ACC Ltd., Sanghi Industries Ltd., Adani Total Gas Ltd. and Adani Wilmar Ltd. were also in the green.
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