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Adani Power enters top-50 most-valued firms club; zooms 109% in a month

Adani Power's market cap was at Rs 99,972 crore as of 10:19 am on Friday, the BSE data shows

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Deepak Korgoankar Mumbai
Adani Power entered the list of top-50, most valued companies, in terms of market captialisation (market cap), in the country as the stock price of company more-than-doubled in the past one month.

The Gautam Adani-led Adani Group Company, engaged in the electric utilities business hit a new high of Rs 259.20, on gaining 5 per cent on the BSE in Friday's intra-day trade. With today's rally, the stock has zoomed 109 per cent in the past one month from a level of Rs 123.75.

Meanwhile, Adani Power is also set to join the elite club of companies with