Adani Enterprises Ltd (AGEL) led a significant rally among Adani Group stocks, with its shares surging over 14% in intraday trading before settling at a robust 10.32% gain. This upward momentum has placed AGEL at the forefront of a broader positive trend across the Adani Group's listed entities.

Stock Performance Highlights

AGEL's stock opened strong and reached a high of Rs 1,145.00 before moderating to Rs 1,107.00, still maintaining a significant 10.32% increase. This performance is part of a consistent upward trend, with the stock gaining nearly 6% over the last six trading sessions and over 7% for the month.

Group-wide Rally

The positive sentiment wasn't limited to AGEL. Other Adani Group stocks also showed substantial gains:

• Adani Total Gas followed closely with a nearly 9% intraday gain
• Adani Energy rose by almost 7%
• Adani Enterprises and Adani Ports saw increases of over 4% and 3% respectively

This group-wide rally significantly outpaced the broader market, with the NSE Nifty 50 index advancing by a comparatively modest 0.48%.

Trading Volume and Analyst Outlook

AGEL's trading volume reached an impressive 6.2 times its 30-day average, indicating strong investor interest. The stock's performance has also aligned with analyst expectations:

• 6 out of 7 analysts maintain a 'buy' rating on AGEL
• The average 12-month price target suggests an 11.7% upside potential

This positive outlook from analysts, combined with the current rally, paints an optimistic picture for AGEL's near-term prospects.

The surge in Adani Group stocks, particularly AGEL's impressive gains, reflects renewed investor confidence in the conglomerate. As the market continues to watch these developments closely, the sustainability of this rally and its impact on the broader Indian market remain key points of interest for investors and analysts alike.

Veteran investor Mark Mobius has made bold statements about the Adani Group and India's market potential in a recent interview with NDTV Profit. His comments come amidst ongoing discussions about the conglomerate's role in India's economic landscape and the broader market outlook.

Adani Group: A Proxy for India's Growth

Mobius asserted that investing in the Adani Group is tantamount to investing in India itself. This statement underscores the significant role the conglomerate plays in India's infrastructure and economic development. Mobius dismissed recent controversies, including a Washington Post article, as 'overblown,' expressing confidence in the group's operations.

Bullish Outlook on Sensex

The founder of Mobius Capital Partners offered an optimistic view on India's stock market:

• Predicted the Sensex could reach 100,000 earlier than previously anticipated
• Cited strong domestic momentum as a key driver
• Mentioned potential positive political developments in the US as a contributing factor

Gold and Investment Trends

Mobius shared insights on other investment areas:

• Described the recent gold pullback as temporary
• Maintained a long-term bullish stance on India
• Expects the shift of investor interest from India to China to be short-lived
• Highlighted India's intact structural growth story

Investment Opportunities in India

Mobius pointed out specific sectors that he finds promising:

• Consumer space
• Hardware sector
• Electronics sector

Adani Group's Recovery and SEBI's Role

Mobius commented on the Adani Group's recent challenges and recovery:

• Expects the conglomerate's recovery to continue following SEBI's clean chit in the Hindenburg case
• Praised SEBI for increasing transparency and strengthening institutional frameworks
• Suggested that proper research would have revealed the baselessness of Hindenburg's accusations

Adani Enterprises Corporate Actions

Recent LODR data from Adani Enterprises reveals ongoing corporate activities:

Board Meeting Announcement

• Scheduled for November 4, 2025
• To consider and approve unaudited financial results for Q2 and H1 FY2026
• Trading window closure to end 48 hours after results announcement

New Subsidiary Incorporation

• Wholly-owned subsidiary 'Shri Kedarnath Ropeways Limited' (SKRL) incorporated on October 27, 2025
• SKRL to develop and manage a ropeway system from Son Prayag to Kedarnath in Uttarakhand
• Project to be executed on Design, Build, Finance, Operate and Transfer (DBFOT) Mode

These corporate actions indicate Adani Enterprises' continued focus on infrastructure development and expansion, aligning with Mobius' positive outlook on the group and its role in India's growth story.