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Adani Enterprises storms into top-10 most-valued firms club; stock soars 3%

At 10:06 am, with a market-cap of Rs 4.52 trillion, Adani Enterprises stood at 9th position in the overall market-cap ranking, the BSE data showed.

Photo: Bloomberg
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Photo: Bloomberg

Deepak Korgoankar Mumbai
Adani Enterprises, the flagship company of Adani Group, entered the top-10 most valued companies league in terms of market captialisation (market-cap) in India as the stock rallied nearly 19 per cent in the last one week.

The stock hit a new high at Rs 3,967, on gaining 3.5 per cent on the BSE in Monday’s intra-day trade. The stock quoted higher for the eight straight trading day, and has rallied 20 per cent during the period. In the past one week along, the stock has surged 19 per cent, as compared to 0.45 per cent rise in the S&P