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Adani Green Energy Ltd., Adani Total Gas Ltd., and New Delhi Television Ltd. were in the lead, and all reached the top circuit limitations. Adani Power Ltd. saw a 9.3% increase, while Adani Green Energy saw a 10% increase. As evident by Adani updates, Adani Enterprises Ltd., the groupu2019s principal business, experienced a 2% boost in market value, reaching Rs. 2,81,198 crore.<br><br>
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Adani Group’s Phenomenal Performance, Rs. 50,606 Crores Wealth Surge
Adani Green Energy Ltd., Adani Total Gas Ltd., and New Delhi Television Ltd. were in the lead, and all reached the top circuit limitations. Adani Power Ltd. saw a 9.3% increase, while Adani Green Energy saw a 10% increase. As evident by Adani updates, Adani Enterprises Ltd., the group’s principal business, experienced a 2% boost in market value, reaching Rs. 2,81,198 crore.
Notable achievers included news broadcaster NDTV, city gas distributor Adani Total Gas Ltd. (ATGL), and renewable energy subsidiary Adani Green Energy Ltd. (AGEL), all exceeding upper circuit restrictions. AGEL led the way with a noteworthy 10 percent gain, and Adani Power followed closely with a 9.3 percent gain, according to Adani updates.
Over the previous five months, US-based investment firm GQG Partners made three tranches of investments in Adani Group entities. GQG made its first investment of $1.87 billion in four group companies in March. In May, it made approximately $500 million in open market transactions. In late June, GQG added another $1 billion to its portfolio of stocks in several Adani Group entities, as per Adani updates.
In finance, tales of sudden increases in wealth are sometimes shrouded in mystery and conjecture. The Adani Group’s jump in wealth of Rs. 50,606 crore is more than just a financial headline; it’s evidence of investor confidence, flexibility, and strategic insight.