“Adani Enterprises, which is the second Adani Group stock that has been added to the benchmark index, has concentrated on developing world-class infrastructure assets that advance national development. Its diverse portfolio is primarily divided into developing enterprises, transportation and logistics, and energy and utilities. The stock has turned into a multibagger over time. After a significant surge, the stock appears to be under moderate profit booking.”
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,
December 22, 2024