Adani’s ‘Power Show’! Investors’ silver after American news, earned ₹1.28 crore in a few hours

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Billionaire Gautam Adani and his nephew Sagar Adani have appealed to a US court to dismiss the securities fraud case filed by the US Securities and Exchange Commission. He has argued that this matter is outside the jurisdiction of the US and no wrongdoing has been proved in it. In a letter filed ahead of a proposed motion seeking dismissal of the suit on April 30, the Adani family, through its lawyers, said the SEC’s claims regarding the 2021 bond sale by the group’s renewable energy company, Adani Green Energy Ltd (AGEL), are legally incorrect on several grounds. It is reported that the court has accepted this plea of ​​Adani. Due to this news, there is a rise in the shares of Adani Group. If we look at the figures, the combined market cap of 9 companies of Adani Group has made a profit of Rs 1.28 lakh crore. Let us also tell you what kind of rise is being seen in the shares of Adani Group companies.

Rise in shares of Adani Group companies

  1. Shares of Adani Enterprises saw a rise of more than 11 percent during the trading session and the company’s shares reached the day’s high at Rs 2089.80.
  2. Shares of Adani Port and SEZ saw a rise of about 9 percent during the trading session and the company’s shares reached the day’s high at Rs 1504.
  3. Adani Power shares saw a rise of about 6.64 percent during the trading session and the company’s shares reached the day’s high of Rs 174.25.
  4. Shares of Adani Energy Solutions saw a rise of about 10 percent during the trading session and the company’s shares reached the day’s high of Rs 1085.30.
  5. Shares of Adani Green Energy saw a rise of about 13.14 percent during the trading session and the company’s shares reached the day’s high of Rs 1046.
  6. Adani Total Gas shares saw a rise of about 13.45 percent during the trading session and the company’s shares reached the day’s high of Rs 589.20.
  7. Shares of Ambuja Cements saw a rise of about 10 percent during the trading session and the company’s shares reached the day’s high of Rs 462.25.
  8. Shares of ACC Limited saw a rise of about 8.10 percent during the trading session and the company’s shares reached the day’s high of Rs 1449.
  9. NDTV shares saw a rise of about 12.26 percent during the trading session and the company’s shares reached the day’s high of Rs 78.

How much increase in market cap of which company?

  1. There was an increase of Rs 26,930.68 crore in the market cap of Adani Enterprises. After which the market cap of the company came to Rs 269,926.75 crore. Whereas on Tuesday the market cap of the company was Rs 242,996.07 crore.
  2. An increase of Rs 28,389.77 crore was seen in the market cap of Adani Port and SEZ. After which the market cap of the company came to Rs 346,717.21 crore. Whereas on Tuesday the market cap of the company was Rs 318,327.44 crore.
  3. Adani Power’s market cap saw an increase of Rs 20,923.89 crore. After which the market cap of the company came to Rs 336,035.80 crore. Whereas on Tuesday the market cap of the company was Rs 315,111.91 crore.
  4. An increase of Rs 11,850.65 crore was seen in the market cap of Adani Energy Solutions. After which the market cap of the company came to Rs 130,375.20 crore. Whereas on Tuesday the market cap of the company was Rs 118,524.55 crore.
  5. An increase of Rs 20,013.19 crore was seen in the market cap of Adani Green Energy. After which the market cap of the company came to Rs 172,294.62 crore. Whereas on Tuesday the market cap of the company was Rs 152,281.43 crore.
  6. There was an increase of Rs 7,682.18 crore in the market cap of Adani Total Gas. After which the market cap of the company came to Rs 64,800.81 crore. Whereas on Tuesday the market cap of the company was Rs 57,118.63 crore.
  7. An increase of Rs 10,385.1 crore was seen in the market cap of Ambuja Cements. After which the market cap of the company came to Rs 114,297.86 crore. Whereas on Tuesday the market cap of the company was Rs 103,912.76 crore.
  8. There was an increase of Rs 2,037.51 crore in the market cap of ACC Limited. After which the market cap of the company came to Rs 27,185.58 crore. Whereas on Tuesday the market cap of the company was Rs 25,148.07 crore.
  9. There was an increase of Rs 96.13 crore in the market cap of NDTV. After which the market cap of the company came to Rs 880.04 crore. Whereas on Tuesday the market cap of the company was Rs 783.91 crore.

Group earned Rs 1.28 lakh crore

Due to this rise in the stock market, there was an increase of Rs 128,309.1 crore in the market cap of 9 companies of Adani Group. Due to which the total market cap of these 8 companies has increased to Rs 1,462,513.87 crore. Whereas on Tuesday the total market cap of 9 companies of Adani Group was at Rs 1,334,204.77 crore.

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