Business Standard

Adani Transmission m-cap crosses Rs 2 trillion; zooms 104% since Aug

The company is the second Adani Group firm to achieve the feat after Adani Green Energy

power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
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SI Reporter Mumbai
Adani Transmission joined the elite club of companies with Rs 2-trillion market capitalization (market-cap) on the BSE, after its share price hit a new high of Rs 1,846.70, up 3 per cent in the intra-day trade, on Monday. The Adani Group company, engaged in the electric utility business, surpassed its previous high of Rs 1,810.80, touched on September 9, 2021. The stock has zoomed 104 per cent since August from a level of Rs 903.75 on July 30, 2021.

With this, Adani Transmission has become the second Adani Group company to achieve the feat after Adani Green Energy. At

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