Adani Group stocks continued their impressive rally on Wednesday, with several key companies posting significant gains driven by strong buying interest following the announcement of the landmark India–US trade agreement. The sustained upward momentum pushed the combined market capitalisation of all listed Adani Group entities to surpass the remarkable milestone of ₹14 lakh crore, reflecting growing investor confidence in the conglomerate's diverse business portfolio.
Adani Stocks Extend Gains Across Multiple Sectors
Adani Power emerged as the standout performer, with shares surging more than 8% during Wednesday's trading session. Adani Green Energy followed closely with gains exceeding 4%, while Adani Energy Solutions, Adani Enterprises, and Adani Total Gas each advanced over 2%. Ambuja Cements and ACC recorded more modest but still positive movements, climbing more than 1% each. Adani Ports and Special Economic Zone (SEZ) demonstrated particular strength, rising 1.6% to achieve a fresh 52-week high. NDTV shares, part of the Adani media portfolio, jumped nearly 10%, completing a comprehensive rally across the group's diverse holdings.
India-US Trade Deal Fuels Market Optimism
Market analysts attribute the sustained rally to the recently concluded India–US trade agreement, which promises significant tariff relaxations on Indian exports to the United States. The agreement, announced by US President Donald Trump on Monday, reduces tariffs on Indian goods from 50% to 18%, creating substantial opportunities for export-oriented businesses.
Brokerage firm Jefferies has identified the Adani Group as one of the primary beneficiaries of this development, noting that the conglomerate's extensive operations in ports, energy, and infrastructure sectors stand to gain considerably from improved trade relations between the two nations. The positive sentiment generated by the trade deal has translated into tangible market performance, with Adani Group stocks collectively rising approximately 11% on Tuesday following the announcement and maintaining that momentum into Wednesday's session.
Strategic Defense Partnerships Add Momentum
Beyond the trade agreement, the Adani Group has been actively expanding its defense and aerospace capabilities through strategic international partnerships. On Tuesday, Adani Defence & Aerospace announced a significant collaboration with Italian defense major Leonardo to establish an integrated helicopter manufacturing ecosystem in India.
This partnership, formalized through a Memorandum of Understanding, specifically targets the requirements of the Indian Armed Forces, focusing on Leonardo's advanced AW169M and AW109 TrekkerM helicopters. The collaboration promises phased indigenization, robust maintenance, repair, and overhaul (MRO) capabilities, and comprehensive pilot training programs.
This announcement follows another strategic move just a week earlier, when Adani Defence & Aerospace partnered with Brazilian aerospace company Embraer to establish a regional aircraft manufacturing facility in India. These developments position the Adani Group strategically in India's growing defense sector, with the country's helicopter market projected to expand from $1.58 billion in 2024 to $2.88 billion by 2032.
Market Capitalization Reaches New Heights
The combined effect of these positive developments has propelled the Adani Group's market valuation to unprecedented levels. The total market capitalisation of all listed Adani companies reached approximately ₹14,67,370 crore on Wednesday, representing a significant milestone for the conglomerate. This achievement underscores the market's confidence in the group's strategic direction and its ability to capitalize on emerging opportunities in both domestic and international markets.
The sustained rally across multiple Adani stocks demonstrates how macroeconomic developments, particularly international trade agreements, can significantly impact corporate performance and investor sentiment. As India continues to strengthen its economic partnerships globally, companies with diversified operations like the Adani Group appear well-positioned to benefit from these evolving dynamics.
