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Adani Green Energy surpasses Adani Ports to become most-valued group firm

In the overall market-cap ranking of listed companies, Adani Green Energy stood at 38th position

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
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Adani Green Energy has outperformed the market in the past month

SI Reporter Mumbai
Adani Green Energy surpassed Adani Ports and Special Economic Zone (SEZ) to become the most valued Adani Group Company in terms of market capitalisation (market-cap) after its shares were locked in 5 per cent upper circuit at Rs 463.65 on the BSE. At this stock price, the company had a market-cap of Rs 72,515 crore.

On the other hand, Adani Ports and SEZ, which was trading flat at Rs 348.55 at 9:17 AM, has the market-cap of Rs 70,817 crore, exchange data shows. In comparison, the S&P BSE Sensex was up 0.5 per cent at 35,086 points.

In the