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Business News/ Markets / Stock Markets/  Adani Total Gas hits 1 trln in market cap
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Adani Total Gas hits ₹1 trln in market cap

Earlier today, Adani Green Energy hit ₹2 trillion in market capitalisation, after its shares touched a record high

Investors are piling into FAANG shorts as US stocks continue to breach new records, with the Nasdaq Composite Index surging above 8,000 for the first time Tuesday.Premium
Investors are piling into FAANG shorts as US stocks continue to breach new records, with the Nasdaq Composite Index surging above 8,000 for the first time Tuesday.

Mumbai: Adani Total Gas Ltd became the fourth Adani group company to enter the elite club of 1 trillion market capitalisation with its shares hitting an all-time high on Tuesday and soaring over 900% in the last one year.

The stock hit an all-time high of 915 a share and rose as much as 11.41% today. At 12.06pm, the scrip was at 894.15 on the BSE, up 9% from its previous close. So far this year, it has gained 138%.

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Earlier today, Adani Green Energy hit 2 trillion in market capitalisation, after its shares touched a record high.

For the December quarter, the company reported a net sales of 496.11 crore, up 1.42% from the same quarter last year. Net profit was at Rs. 145.13 crore, up 26.78% from 114.47 crore a year ago.

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Published: 23 Mar 2021, 01:07 PM IST
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