Adani Transmission is now the 12th biggest listed entity; other Adani cos are not far away

Aug 3, 2022

By: Kritti Bhalla

Adani Transmission surpasses ITC

Adani Transmission, the power transmission company of the Gautam Adani Group, surpassed the FMCG major ITC in terms of market capitalization.

Credit: BCCL

It is the 12th biggest company in India

Adani Transmission’s market cap stood at ₹3.8 lakh crore, making it the twelfth biggest company in India. The cigarettes to hotels conglomerate ITC has a market cap of ₹2.65 lakh crore.

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 4th richest man in the world

Gautam Adani continues to be the fourth richest man in the world. He has added $49.9 billion to his net worth since the start of this year, according to Bloomberg Billionaires Index.

Credit: BCCL

Adani Green comes next for the Adani Group

Adani Transmission is currently the highest valued company of the Gautam Adani Group, followed by Adani Green Energy who stands at the 15th spot with a market cap of ₹3.5 lakh crore.

Credit: Canva

Adani Total Gas stands at 16th spot

Adani Total Gas, which is developing city gas distribution (CGD) network, comes right after Adani Green Energy with a market cap of ₹3.5 lakh crore. It is followed by Asian Paints, whose market cap is at ₹3.2 lakh crore.

Credit: Adani-Total-Gas

Adani Enterprise is not far along either

Adani Enterprise is the 18th biggest company in India as its market cap stood at ₹3.1 lakh crore on Wednesday morning. 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 31st spot

Adani Ports, an integrated ports and logistics company, is not among the top 30 companies in India at the moment as its market cap stands at ₹1.6 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

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