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Adani Power m-cap hits Rs 1 trn-mark; AWL becomes 50th most-valued firm

With Rs 1.05 trillion, Adani Power is the sixth Adani Group company which has touched the Rs 1-trillion m-cap milestone

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SI Reporter Mumbai

Adani Power joined the elite group of companies with market capitalisation (m-cap) of Rs 1 trillion after the stock of Gautam Adani-led electric utilities company hit a new high of Rs 272.15. The shares were up 5 per cent on the BSE in an otherwise a weak market on Monday.

At 01:24 PM, Adani Power stood at 49th position in overall market-cap ranking with an m-cap of Rs 1.05 trillion, BSE data shows. On Friday, Adani Power had entered the list of top-50, most valued companies, in terms of market-cap. With today's rally, the stock has zoomed 90 per cent in