This Adani group stock has zoomed 1250% in a year; surpasses ONGC in m-cap

The company is scheduled to announce its April-June quarter (Q1FY21) result on Friday, September 11.

Shares of Adani Green Energy (AGEL) hit a fresh record high of Rs 619, up 5 per cent on the BSE in intraday trade on Thursday, ahead of its April-June quarter (Q1FY21) result due on Friday, September 11.

The stock of Gautam Adani-led Adani Group renewable energy company has rallied 1,259 per cent in a year - from Rs 45.55 on September 9, 2019, as compared to a 3.5 per cent rise in the S&P BSE Sensex.

The sharp rally in the stock has helped the company surpass state-owned oil exploration & production company Oil and Natural Gas Corporation (ONGC)