Adani Group Stocks Rise 3%, Market Cap Gains Rs 23,000 Crore
Adani Group stocks surged by up to 3% on Thursday, boosting their combined market capitalization by Rs 23,000 crore. The rise followed strong Q2 results, including a 134% net profit increase reported by Adani Power. Additionally, Jefferies raised its target price for Adani Ports and highlighted significant upside potential for Adani Enterprises, lifting investor sentiment.
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