New Delhi, June 4 : Riding on two big rallies on the Indian indices, the Adani Group has regained its total market capitalisation after it was hit by a short-seller report in late FY23.

The market capitalisation of 10 listed Portfolio companies surged by more than Rs 2 lakh crore to surpass Rs 18.5 lakh crore on Monday.

The stock of all Adani Group companies advanced on opening bell, with flagship Adani Enterprises gaining over 9 per cent as Adani Ports and Special Economic Zone rose 10 per cent to hit a lifetime high.

The shares of Adani Power, Adani Total Gas, Adani Wilmar and Adani Green Energy also went up.

Nirav Sheth, CEO of institutional equities at Emkay Global Financial Services Ltd, said that the execution (capacity) of the Adani Group has been mind-boggling.