Adani Power share price:

Despite the fall in the stock market, most of the Adani Group companies continued to rise on Friday.

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Shares of Adani Power rose more than four percent to Rs 419 during the day's trading on the BSE.

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This is Adani Power's highest level ever. With this, the company's market cap reached Rs 1.60 lakh crore.

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Adani Power overtook state-owned power companies NTPC, Tata Motors, Mahindra, and Mahindra in a single stroke.

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Gautam Adani's company Adani Power has become the 34th most valuable company in the country by market cap.

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Let us tell you that in the June quarter, the company's profit increased by 17 times to Rs 4,780 crore.

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Adani Power had a profit of Rs 278 crore in the same quarter last year, which grew rapidly this year.

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Adani Power's stock closed at Rs 410.90, up 2.88 percent, at the end of the day on Friday.

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Shares of Adani Power rose 41% in the last month. Shares of Adani Power have gained 318% so far this year.

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