Adani

Adani Transmission Becomes Adani Group’s 2nd Most Valuable Stock

Adani Transmission Becomes Adani Group’s 2nd Most Valuable Stock

New Delhi : Adani Transmission Ltd (ATL) recently registered Rs 1.60 trillion market capitalization, becoming the second most valuable stock among the 6 listed entities in the Adani Group. The power transmission and distribution company, a subsidiary of the Gautam Adani-led conglomerate did very well for itself, with its shares hitting Rs 1,455.20 at the Bombay Stock Exchange (BSE). This meteoric rise comes in the backdrop of its massive transmission networks and power distribution business. Adani Transmission is India’s largest private transmission company with over 17,200 ckt km of power transmission length and a transformation capacity of around 30,000 MVA.…
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