Excluding ACC and Ambuja Cement, the Adani Group’s market capitalisation has increased by nearly ₹10.16 lakh crore this year thanks to the sharp run-up in stock prices of most of its companies. During this period, Tata Group has lost ₹2.57 lakh crore in market cap as its flagship company Tata Consultancy Services declined by over 17%.
Adani Group clarifies on US SEC summons report; says no allegations against company
Adani Group companies clarified via stock exchange filings that they are not parties to any US SEC legal proceedings. Reports indicated the SEC sought court