Adani stocks rallied 16% as exit polls predicted Modi's win. Market cap rose by ₹1.4 lakh crore, reaching ₹19.24 lakh crore.
Adani Power surged 16% to a 52-week high of ₹875 on BSE, nearly doubling in the last 6 months.
Adani Ports gained 9%, Adani Enterprises rose 7%, making them top gainers in the Nifty50 pack.
Adani Total Gas, Adani Energy Solutions, and Adani Green also traded 7-8% higher.
Adani stocks are nearing pre-Hindenburg levels with many counters erasing all losses.
Adani Group's FY24 PAT jumped 55% to ₹30,768 crore, and EBITDA grew 40% year-on-year to ₹660 billion.