Adani Green Energy has become the eighth most valued company
New Delhi:
Adani Green Energy became the eighth most valued company in the country on Wednesday with a market value of Rs 4.48 lakh crore after overtaking Bajaj Finance and HDFC.
The company was included in the list of top 10 valued companies on Monday.
Adani Green Energy commanded a market valuation of Rs 4,48,050.99 crore on BSE to take the eighth spot on the top 10 list.
The company’s shares rose 2.70 percent to settle at Rs 2,864.75 on BSE. During the day, it rose 5.75 percent to Rs 2,950.
The company passed Bajaj Finance and HDFC to climb to eighth position.
The market cap of Bajaj Finance is Rs 4,43,685.79 crore while HDFC had a valuation of Rs 4,31,028.49 crore.
Adani Green’s shares are up 115.75 percent so far this year.
Reliance Industries Ltd with a market value of Rs 17,26,714.05 crore is the most valued company in the country followed by TCS (Rs 13,39,688.48 crore), HDFC Bank (Rs 8.12,338.57 crore), Infosys (Rs 7.35 611.35 crore), ICICI Bank (Rs 5,29,739.59 crore), Hindustan Unilever Ltd (Rs 5,05,737.77 crore), State Bank of India (Rs 4,61,848.65 crore), Adani Green Energy ( Rs 4,48,050.99 crore), Bajaj Finance (Rs 4, 43,685.79 crore) and HDFC (Rs 4,31,028.49 crore).
