Adani Group stocks explode, adding Rs 48,550 crore in a single day. What’s powering the rally?
Adani Group stocks surged on Wednesday, adding ₹48,550 crore in market value as strong Q2 earnings from Adani Green Energy and Adani Total Gas fueled broad gains across the conglomerate. Adani Greens shares jumped 14%, boosting its market cap by ₹14,464 crore after posting a 111% YoY profit surge to ₹583 crore, driven by new capacity additions in Gujarat and Rajasthan.
Adani Group stocks surged on Wednesday, adding ₹48,550 crore in market value as strong Q2 earnings from Adani Green Energy and Adani Total Gas fueled broad gains across the conglomerate. Adani Greens shares jumped 14%, boosting its market cap by ₹14,464 crore after posting a 111% YoY profit surge to ₹583 crore, driven by new capacity additions in Gujarat and Rajasthan.
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