Adani stocks soar! Investors rush in after Gautam Adani unveils massive Rs 2 lakh crore expansion plan
Mumbai/IBNS, June 24 -- Shares of Adani Group companies witnessed strong buying interest in early trade on Wednesday after the conglomerate unveiled an ambitious strategy to strengthen its presence across key sectors, including energy, transport, logistics and digital businesses.
Adani stocks trade higher
Several Adani Group stocks gained ground during the morning session, reflecting positive market reaction to the expansion plans.
Focus on rising power demand
The planned expansion comes at a time when India's electricity consumption is witnessing steady growth, driven by rapid industrialisation, urbanisation and increasing energy requirements.
By significantly boosting its generation capacity, Adani Power aims to cater to the countr...
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