Adani Green Energy stock: Adani Green Energy, a part of the Adani Group, on Monday joined the top 10 valuable companies in the Indian market. Due to the rise in the shares of the company, its market valuation has increased to more than Rs 4.22 lakh crore. Shares of Adani Green Energy rose 16.25 per cent to Rs 2,701.55 per share at the end of trading on the BSE. In the day’s trade, it had jumped 19.99 percent to reach Rs 2,788.70 per share.
103.46 percent up in a year
However, on the back of a jump in the shares of the company, its market valuation rose to Rs 4.22 lakh crore and Adani Green Energy joined the list of top 10 valued companies in the market. Bharti Airtel slipped to the 11th position with a valuation of Rs 4,16,240.75 crore. Shares of Adani Green Energy have climbed up to 103.46 per cent this year.
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Abu Dhabi company to invest
United Arab Emirates’ International Holding Company (IHC) is going to invest 2 billion dollars i.e. 15 thousand crores in three companies of Adani group. These three companies are – Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). After getting the agreement on this deal on Friday, the shares of these companies of Adani Group touched new highs on Monday.