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Adani Group rules post-pandemic rally in FY21, adds Rs 5.34 trn to m-cap

The analysis is based on a common sample of 1,056 companies that are a part of the BSE 500, BSE MidCap, and BSE SmallCap indices

Adani Group | Steel Industry | Indian companies

Krishna Kant 

The Adani group has also been struggling to financially close the Australian mine project, as global banks are under pressure to not lend to environmentally polluting activities
Adani was followed by JSW Group, which nearly trebled its m-cap in the last 12 months, owing to a sharp rally in the group’s flagship JSW Steel.

Gautam Adani family-controlled was the biggest gainer on the bourses in 2020-21, amid the sharp surge in equity markets in a post-pandemic rally. The seven listed had a combined market capitalisation (m-cap) of Rs 6.7 trillion on Tuesday — up more than 5x from the group’s m-cap of Rs 1.31 trillion at the end of March 2020.



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First Published: Thu, April 01 2021. 06:10 IST