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Adani Power’s market cap crosses 1 lakh crore, Adani Group’s sixth company to achieve the feat

Adani Power Share Price: The market capitalization of Adani Power, a part of the Adani Group, has crossed Rs 1 lakh crore. With this, Adani Power is ranked 49th in the club of top 50 companies with a market capitalization of one lakh crore. The market capitalization of Adani Power stands at Rs 104,928 crore.

Seven companies of the Adani Group are listed on the stock exchange. Out of which the market cap of six companies is more than one lakh crore rupees. Meaning the market cap of Adani Green Energy is Rs 4.41 lakh crore. The market cap of Adani Transmission is Rs 2.87 lakh crore. Adani Total Gall has Rs 2.66 lakh crore, Adani Enterprises Rs 2.51 lakh crore, Adani Ports Rs 1.81 lakh crore. The market capitalization of Adani Wilmar, which was recently listed in the stock market of Adani Group, is Rs 99,418 crore i.e. standing on the verge of touching the gap of one lakh crore.

Adani Power is one of the largest thermal power generating companies. The company’s thermal power capacity is 12,410 MW. Earlier, there was a great rise in the stock of Adani Power. The company’s stock has closed at Rs 272.05 with an upper circuit of 5 per cent on the stock exchange. In the last one month, Adani Power has proved to be a multibagger for investors. In one month, the stock of Adani Power has given a return of 90 percent to the investors.

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