Shares of Adani Total Gas surged 10 per cent to Rs 1,159, on Thursday, locked in upper circuit limit. The total market capitalization of more than Rs 1.24 lakh crore.
Adani Group stocks continue a robust rally, jumping 15% as a US agency dismisses fraud accusations. Investor confidence strengthens amid positive developments for the conglomerate.
Sectorally, buying was seen in utilities, power, oil & gas, IT and capital goods while healthcare, telecom, banks, and realty sector saw some selling pressure.
The surge propels the conglomerate s market capitalisation to over Rs 14 lakh crore. A Bloomberg report said International Development Finance Corp (DFC) conducted a due diligence investigation before extending the group a $553-million loan