Adani Enterprises becomes 4th Group company to cross Rs 3 trillion m-cap

At 11:25 AM; with a market-cap of Rs 3.07 trillion Adani Enterprises stood at 18th position in the overall market-cap ranking among the BSE listed companies, the exchange data showed

Adani Enterprises (AEL) has become the fourth Gautam Adani Group company to cross the Rs 3-trillion market capitalisation (market-cap). The stock hit a fresh record high at Rs 2,693.30, up 1 per cent on the BSE in Tuesday’s intra-day trade.

In the past one month, the stock price of AEL has rallied 20 per cent, as compared to 9.4 per cent rise in the S&P BSE Sensex. Further, on a six-month time period, the stock has zoomed 52 per cent against a 3 per cent decline in the benchmark index.

AEL is one of the fastest growing diversified