Adani Power surges 20% after stock split, group shares rally on partial SEBI clearance
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. Stringer | Reuters Shares of Adani Group companies rose sharply Monday, led by Adani Power, which surged nearly 20% after its five-for-one stock split took effect. A company generally carries out a stock split to make its shares…