Adani Transmission is now the 8th biggest listed entity; other Adani cos are not far away

Adani Transmission is now the 8th biggest listed entity; other Adani cos are not far away

Aug 30, 2022

Credit: BCCL

Adani Transmission surpasses HDFC and Bajaj Finance

Adani Transmission, the power transmission company of the Gautam Adani Group, surpassed HDFC and Bajaj Finance in terms of market capitalization.

Credit: BCCL

It is the 8th biggest company in India

Adani Transmission’s market cap stood at ₹4.4 lakh crore, making it the Eighth biggest company in India.

Credit: Canva

Reliance continues to lead the pack

Reliance Industries (RIL) continued to be the biggest enterprise in India with a market cap of ₹17.4 lakh crore, followed by Tata Consultancy Service (TCS) in second position at ₹12 lakh crore.

Credit: BCCL

Gautam Adani is the 3rd richest man in the world

Gautam Adani continues to be the third richest man in the world. He has added $60.9 billion to his net worth since the start of this year, according to Bloomberg Billionaires Index.

Credit: BCCL

Adani Total Gas comes next for the Adani Group

Adani Transmission is currently the highest valued company of the Gautam Adani Group, followed by Adani total gas who stands at the 13th spot with a market cap of ₹4 lakh crore.

Credit: Canva

Adani Green Energy stands at 15th spot

Adani Green Energy with a market cap of ₹3.8 lakh crore. It is followed by Adani Enterprise, whose market cap is at ₹3.7 lakh crore.

Credit: Adani Total Gas

Adani Enterprise is not far along either

Adani Enterprise is the 16th biggest company in India as its market cap stood at ₹3.7 lakh crore . At the moment, it is valued higher than Avenue Supermarts that owns DMart, Maruti Suzuki, HCL, Wipro, Sun Pharma and Titan.

Credit: Adani Enterprise

Adani Ports stands at 30st spot

Adani Ports, an integrated ports and logistics company in India at the moment as its market cap stands at ₹1. 7 lakh crore. The company’s share price has gained 8.5 percent year-to-date.

Credit: Adani Ports

Adani Power is ranked at 41st spot

Indian power and energy company Adani Power has a market cap of ₹1.2 lakh crore, as on August 3, 2022. It is ranked at the 41st spot, right after SBI Life Insurance and Pidilite.

Credit: Adani Power

Adani Wilmar is the least valued among Adani Group

Adani Wilmar is the least valued among Adani Group’s listed entities as it ranks at the 55th spot. Its market cap on August 3, 2022, stood at ₹89,287 crore. It was listed earlier this year in February, and has given 154 percent returns to its investors so far.

Credit: Adani Wilmar