Did Adani Group’s market cap really soar by Rs 69,000 crore in just one day?
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Synopsis
In an unprecedented turn of events, the Adani Group's market capitalisation surged by over Rs 69,000 crore in just one day, thanks to a clean chit from SEBI regarding the Hindenburg allegations. Discover how this remarkable rally is reshaping investor sentiment and the future of the conglomerate.
Key Takeaways
- Adani Group's market cap increased by Rs 69,000 crore.
- SEBI cleared Adani of Hindenburg allegations.
- Adani Power surged 12.40% to hit a 52-week high.
- Investor confidence is returning to the group.
- Market valuation now at Rs 13.96 lakh crore.
New Delhi, Sep 19 (NationPress) Adani Group companies experienced a remarkable increase of over Rs 69,000 crore in their market capitalisation during a single trading day on Friday, as eager investors flocked to purchase shares following the SEBI's clearance in the Hindenburg case.
The market regulator's ruling, which dismissed claims of stock manipulation and misuse of related-party transactions, significantly enhanced investor confidence and triggered a notable rally across Adani stocks.
Adani Power spearheaded the rally with a substantial increase of 12.40 percent on the Bombay Stock Exchange (BSE), reaching its 52-week high.
Adani Total Gas surged by 7.35 percent, while Adani Green Energy and Adani Enterprises rose by 5.33 percent and 5.04 percent, respectively.
Adani Energy Solutions also saw a gain of 4.70 percent on the BSE.
This market rally followed the SEBI's conclusion of its investigation, which found no evidence supporting the allegations made by Hindenburg Research in January 2023.
The latest surge provides significant relief to investors and is perceived as a pivotal moment for the Adani Group.
The overall market valuation of the conglomerate's listed companies has now reached Rs 13.96 lakh crore, according to exchange data.
Brokerage firms have also shown renewed confidence in the group. Global investment firm Morgan Stanley has initiated coverage on Adani Power for the first time in over a decade, indicating a resurgence of interest from institutional investors who had largely been absent since the Hindenburg report.
Other companies within the group also reported gains, with Sanghi Industries increasing by 1.41 percent, ACC up 1.21 percent, Adani Ports adding 1.09 percent, and Ambuja Cements edging higher by 0.28 percent.
In a note, Bajaj Broking Research stated, "Adani group stocks soared after SEBI cleared the group in the Hindenburg probe, spurring renewed investor confidence and robust buying interest across the conglomerate."
The upward trend was particularly strong in energy-focused stocks, but it extended throughout the group's portfolio, highlighting market optimism after a lengthy period of uncertainty.
Point of View
It's essential to approach the Adani Group's recent market surge with a balanced perspective. While the SEBI's clean chit offers a significant boost to investor confidence, ongoing scrutiny and broader market conditions should continue to be monitored. This development is a pivotal moment for the conglomerate, but careful analysis is needed moving forward.
NationPress
20/09/2025
Frequently Asked Questions
What led to the rise in Adani Group's market cap?
The rise in Adani Group's market cap was primarily driven by a favorable ruling from SEBI, which cleared the group of allegations made in the Hindenburg case, resulting in increased investor confidence.
Which Adani companies saw the largest gains?
Adani Power led the surge with a 12.40% increase, while Adani Total Gas rose by 7.35%, and Adani Green Energy and Adani Enterprises saw gains of 5.33% and 5.04%, respectively.
How has the SEBI ruling affected investor sentiment?
The SEBI ruling has significantly boosted investor sentiment, leading to a strong rally across Adani stocks and renewed interest from institutional investors.
What is the current market valuation of Adani Group?
The total market valuation of Adani Group's listed companies now stands at Rs 13.96 lakh crore according to exchange data.
What does this surge mean for the future of Adani Group?
This surge signals a potential turning point for Adani Group, potentially restoring investor confidence and attracting further institutional investments.
