This Adani group stock has nearly doubled investor wealth in 8 days

Shares of Adani Total Gas (ATGL) continued their upward move on the bourses on Wednesday, rising 20 percent to Rs 1,053.80 on the BSE in intraday trade on the back of an over three-fold rise in trading volumes. A total of 14.68 million shares changed hands on the NSE and BSE till 10.59 am.

Shares of the Gautam Adani-led group company have risen 50 percent in the last three trading days on positive news flows and the Bharatiya Janata Party's (BJP) landslide victory in three state elections.

Other Adani group companies have also witnessed a sharp rally ahead of India witnessing a stable government after the 2024 general elections. Moreover, Bloomberg