Adani Group shares increase by Rs. 50,501 billion in one day

The market value of billionaire Gautam Adani’s ports to power conglomerate increased by over Rs 50,501 crore in a single day on Tuesday as shares of each of the group’s 10 publicly traded companies rose in response to renewed interest from domestic investors.

At the close of trading on Tuesday on the BSE, the market capitalization of the ten Adani Group firms totaled more than Rs 10.6 lakh crore, an increase of Rs 10,501.26 crore over an m-cap of almost Rs 10.1 lakh crore the previous year, according to stock exchange statistics.