Adani Group becomes third Indian conglomerate to cross $100 billion in m-cap

MUMBAI: Adani Group has become India’s third conglomerate to cross $100 billion in market capitalisation with shares of four of its six listed companies reaching an all-time high on Tuesday.
The total market cap of the six listed Adani Group companies stood at more than $104 billion, according to BSE data.

Adani Enterprises hit an all-time high of Rs 1,225.55 on Tuesday while Adani Transmission jumped to Rs 1,109.90 and Adani Ports gained to Rs 837.45.
Adani Power rose by 5 per cent to Rs 98.40 while Adani Green Energy gained by 2.2 per cent to Rs 1,194.55
Earlier, Tata Group and Mukesh Ambani led-Reliance Group have achieved this milestone. Tata Group’s current market cap is $242 billion while RIL Group’s m-cap is $190 billion.

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