Adani Green Energy shares witnessed a stellar rally, soaring 10% to Rs 1,087.20 during today’s trading session. This sharp rise led to an impressive gain of approximately Rs 15,660 crore in the company’s market capitalization, bringing the total to Rs 1,72,216.01 crore. The stock’s performance follows its 52-week low of Rs 870.25, recorded just a day earlier, indicating a strong recovery.
The session opened at Rs 1,020.00 and saw the stock hit its upper circuit quickly. A total of 49.57 lakh shares were traded, with a cumulative traded value of Rs 528.43 crore. Investors showed strong interest, as evidenced by the stock’s upward movement and increased market capitalization.
Adani Green Energy’s surge reflects renewed investor confidence in the renewable energy sector. Being a part of the Nifty Next 50 index, the company is a significant player in the power generation space. Analysts will closely monitor whether the stock can maintain this momentum amid sectoral developments.
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