This Adani Group stock zoomed 100% in 17 trading sessions

Adani Green Energy was trading at its highest level since listing at Rs 51.20, rallying 104% in 17 trading sessions from Rs 25.05 on July 2, 2018 on the BSE.

Adani Green Energy (AGEL), an Adani Group company, is locked in the upper circuit for the fourth straight day, rising 10% to Rs 51.20. The stock has rallied more than 100% in past 17 trading days on the BSE and is trading at its highest level since its debut on the bourses on June 18, 2018.

Since July 2, 2018, Adani Green Energy has seen its share price zoom 104% from Rs 25.05, after the exchanges permitted the trading in the equity shares of the company under ‘B’ group from ‘T’ group. On comparison, the S&P BSE Sensex was