At Rs 1.34 trillion, Adani Green's m-cap surpasses L&T, UltraTech Cement

AGEL's m-cap is now higher than that of private sector majors like HDFC Life Insurance Company, Sun Pharmaceutical Industries, Titan Company and Dabur

Shares of Adani Green Energy (AGEL) hit a fresh record high and were locked in the 5 per cent upper circuit band for fourth straight day, at Rs 856.25, on the BSE on Friday in an otherwise weak market. In comparison, the S&P BSE Sensex was down 0.86 per cent at 39,416 points at 01:16 pm.

In the past one week, stock of the Adani Group renewable power company has rallied 19 per cent, as compared to 3 per cent decline in the benchmark index. Supported by the sharp rally, AGEL's market capitalisation today surpassed m-cap of construction and engineering