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Adani Flagship Eyes India’s Nifty Crown After Years of Turmoil

Summary by Times of India
Adani Enterprises stock has rebounded strongly, becoming the top performer on India's equity benchmark. Investor confidence is growing after the conglomerate faced significant challenges and allegations. Recent legal dismissals and index adjustments have further boosted the company's standing. The group's infrastructure businesses are seen as a proxy for India's economic growth. This resurgence has propelled Gautam Adani back to Asia's richest m…

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Adani Flagship Eyes India’s Nifty Crown After Years of Turmoil

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Adani Enterprises Ltd, the flagship company of Asia's richest man Gautam Adani, has returned to where it was before the group's crisis began three years ago. Notably, its shares have surged 34% so far in 2026 as the top-performing stock on India's equity benchmark, putting the company on track to become the year's biggest gainer on the NSE Nifty 50 index. It last held this position in late 2022, a few weeks before the release of the Hindenburg R…

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Times of India broke the news in India on Tuesday, August 18, 2026.
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