Adani group’s market capital tops ₹14.5 lakh crore

MUMBAI: The combined market valuation of all the 10 Adani groupstocks went above the Rs 14.5 lakh crore mark on Wednesday, as seven group companies continued to rally. Adani Total Gas closed at the 20% upper circuit level while Adani Green Energy was up 16%. The other five gains from the group were up between 7.4% and 0.7%, BSE data showed. Three stocks – ACC, Adani Enterprises and Ambuja Cements – closed lower.The currentrally in the group’s stocks has also put group chairman Gautam Adani among the world’s wealthiest people with his current ranking at 16 in the list, data from Forbes showed.

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