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AHMEDABAD: Riding on their stocks’ strong performance on bourses, five Gujarat-based companies have added more than a billion dollar in their market capitalisation in 2020. These firms are Adani Green Energy Limited (AGEL), Adani Enterprises Limited (AEL), Cadila Healthcare Limited, Torrent Pharmaceuticals Limited and Alembic Pharmaceuticals Limited.
The equity markets this year registered historic falls in March due to the pandemic and bounced back to hit all-time highs over vaccine developments. With a 483% jump in its share price from Rs 174.8 on January 1to Rs 1,018.4 on December 16, AGEL has amassed a whopping Rs 1.31 lakh crore or $17.9 billion in m-cap this year. Its market cap has galloped from Rs 27,338 crore to Rs 1.59 lakh crore.
PM Modi to lay renewable energy park foundation stone in Kutch
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Solar Tariff Bids In India Hit New Low Of US¢2 71 Per Kilowatt-Hour
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Kutch from a fossil fuel powerhouse to a renewable energy giant
December 14, 2020
Gujarat estimates the energy park will get investments worth ₹1.25-lakh crore - imacoconut×
PM Modi to lay foundation stone for world s largest hybrid energy park today
It’s Kutch’s moment in the Sun, literally. As Prime Minister Narendra Modi lays the foundation stone on Tuesday for what is dubbed as the world s largest single-location hybrid energy park in Vighakot village, this border district in Gujarat aspires to become a global renewable energy powerhouse.
From the days of darkness in the pre-Independence era to giant windmills and shining solar panels covering large swathes today, Kutch has transformed into an energy hub.