The Sensex and the Nifty rose to new highs on December 6, extending the record run to a third day. Most sectors ended in the green with capital goods, FMCG, information technology, oil & gas and power gaining up to 2 percent
Adani Green Energy shares rose 6.64 per cent to hit a high of Rs 1,198. The stock still needs an 82 per cent rally to revisit its 52-week high of Rs 2,185.30 hit in January this year.
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
Adani Green Energy has an operational capacity of 8,316 MW as of September 30. It continues to own the largest operating renewable energy portfolio in the country.