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Adani energy cos jump after their inclusion in NSE's F&O

Mint Mumbai

|

November 30, 2024

Adani Green and Adani Energy Solutions created maximum investor wealth in group cos

- Ram Sahgal

Adani energy cos jump after their inclusion in NSE's F&O

The inclusion of Adani Green Energy and Adani Energy Solutions in the futures and options (F&O) segment of the National Stock Exchange drew huge participation from traders and investors, sending these two stocks soaring.

Friday's outsized gains helped the shares of Adani Green Energy (up 21%) and Adani Energy Solutions (up 13.4%) contribute the most to investor wealth creation within the eleven Adani group's listed companies.

Against a total increase in Adani group's market capitalization of ₹628 billion to ₹13.7 trillion on Friday, Adani Green accounted for three-fifths of the rise, as its market value soared by ₹375 billion to ₹2.09 trillion, while Adani Energy Solutions followed with a jump of ₹136.5 billion to ₹1 trillion.

FLERE HISTORIER FRA Mint Mumbai

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Businesses mustn't wait for a global climate consensus

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Husk Power aims to raise $400 mn

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Don't make AI models but make the most of what exists

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The Federal Reserve’s tool for calming short-term funding markets is being tested

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time to read

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