For the first time in three months, Adani Enterprises’ market capitalization has risen above Rs 3 lakh crore

For the first time since May of this year, the company’s market capitalization is again above the threshold of Rs 3 lakh crore. In April, the stock’s market capitalization surpassed Rs 2 lakh crore once again.
Following a report by Hindenburg Research in January, shares of Adani Enterprises saw a steep fall from their record high of Rs 4,190 in December of previous year. On February 3 of this year, the shares of the Adani Group’s main company hit a 52-week low of Rs 1,017, although they have since rebounded.