The Adani Group has grown from a trading business in the late 1980s into one of India’s largest infrastructure-focused conglomerates. Over the years, it has expanded across ports, airports, power generation, renewable energy, transmission, city gas distribution, cement, mining, and even media.
Today, the Adani group of companies plays a major role in sectors that directly support India’s economic growth: logistics, energy security, and core infrastructure. Because many of its businesses are listed on the stock exchanges, investors closely track the Adani group’s share price movements across companies.
In this guide, you’ll find the full list of listed Adani group stocks, and a breakdown of each company’s business.
What is the Adani Group?
The Adani Group is one of India’s largest business conglomerates with a strong presence in infrastructure and energy-led sectors. Over the years, it has built assets across ports, power generation, renewable energy, transmission, gas distribution, cement, and logistics. Many of its businesses are publicly listed, which is why the Adani group of companies remains closely tracked by investors across the country.
History and Growth of Adani Group
Founded in 1988 by Gautam Adani as a trading business, the group initially focused on commodities. Its major expansion began with the development of Mundra Port in Gujarat, which later became India’s largest commercial port.
From there, the group steadily entered power generation, transmission, mining, airports, renewable energy, and cement. Over the last decade, it has scaled rapidly through a mix of greenfield projects and strategic acquisitions, turning into a diversified infrastructure player.
Business Sectors and Diversification
The group operates across multiple core sectors. In logistics, it runs ports and integrated supply chain operations. In energy, it has businesses in thermal power, renewable energy, transmission, and city gas distribution.
It has also entered cement manufacturing through Ambuja Cements and ACC, strengthening its presence in construction-linked industries. Media, airports, and agri-business further add to the diversification. Because each listed entity operates independently within its sector, the performance of one Adani group stock may differ significantly from another.
Market Capitalization Overview
The combined market capitalization of listed Adani group companies places the group among the largest business houses in India. Companies such as Adani Enterprises, Adani Ports, and Adani Green Energy contribute a significant share of the group’s overall valuation.
However, individual valuations vary depending on sector outlook, debt levels, earnings growth, and market sentiment. Investors often review the Adani group share price movements collectively to understand broader trends within the group.
Complete List of Adani Group Companies and Their Stocks
The Adani share list includes ten major listed companies, each operating in a distinct sector. Understanding their core business helps in evaluating which Adani group stock aligns with your investment approach.
Adani Ports and Special Economic Zone
Adani Ports and Special Economic Zone (APSEZ) is India’s largest private port operator. It manages multiple ports and logistics assets across the country. Its revenue is driven by cargo handling, port services, and integrated logistics operations, making it one of the more stable businesses within the group.
Adani Green Energy
Adani Green Energy focuses on solar and wind power generation. It has one of the largest renewable energy portfolios in India. The company’s growth is closely tied to India’s clean energy targets and long-term power purchase agreements.
Adani Power
Adani Power operates thermal power plants across several states. Its performance depends on power demand, fuel costs, and long-term supply contracts. It plays a key role in meeting India’s baseload electricity requirements.
Adani Transmission
Now known as Adani Energy Solutions, this company handles power transmission and distribution assets. It earns revenue through regulated transmission projects and utility services in select regions.
Adani Total Gas
Adani Total Gas operates in the city gas distribution space. It supplies piped natural gas to households and compressed natural gas to vehicles. Expansion into new geographical areas supports its growth.
Adani Enterprises
Adani Enterprises acts as the incubator business of the group. It houses emerging verticals such as airports, data centers, mining services, and green hydrogen initiatives. Many of the group’s new ventures begin under this company before being scaled or demerged.
Adani Wilmar
Adani Wilmar operates in the FMCG space and is best known for edible oils and food products under the Fortune brand. Unlike other infrastructure-focused Adani group stocks, this business is consumer-driven.
Ambuja Cements
Ambuja Cements is one of India’s leading cement manufacturers. After its acquisition by the Adani Group, it became a major part of the group’s building materials portfolio.
ACC Limited
ACC Limited is another large cement producer under the Adani umbrella. Together with Ambuja Cements, it strengthens the group’s position in the construction and infrastructure supply chain.
NDTV Limited
NDTV Limited represents the group’s presence in the media sector. While smaller in scale compared to other Adani group companies, it adds diversification outside core infrastructure and energy operations.
Together, these companies form the complete Adani share list currently available to public investors. Each operates in a different segment, which means investors should assess them individually rather than viewing the group as a single entity.
Conclusion
The Adani group of companies covers a wide range of sectors that are central to India’s infrastructure and energy ecosystem. From ports and power to renewables and cement, each listed entity has a distinct role within the group structure.
Before investing in any Adani group stock, it’s important to review financials and debt levels, compare valuations with sector peers, and understand how much of your portfolio is exposed to one group.
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FAQs on Adani Group of Companies
The Adani Group has 10 publicly listed companies and several unlisted subsidiaries. Overall, the group spans around 20–30 entities across infrastructure, energy, ports, cement, gas distribution, and related sectors.
As of February 20–23, 2026 (NSE/BSE), approximate prices in ₹:
Adani Enterprises: ~2,160–2,195
Adani Ports & SEZ: ~1,594
Adani Green Energy: ~943–1,513
Adani Power: ~1,024
Adani Total Gas: ~720
Ambuja Cements: ~534
Prices change daily. Always check the live Adani group share price on NSE or BSE before investing.
It depends on your risk profile. For example:
Adani Ports & SEZ (APSEZ) is often preferred for strong cash flows, cargo growth (+12% YoY), and steady dividends.
Adani Green Energy (AGEL) and Adani Energy Solutions are aligned with renewable energy and transmission growth.
Here is the full Adani share list (listed companies):
Adani Enterprises Ltd (ADANIENT)
Adani Ports & SEZ Ltd (ADANIPORTS)
Adani Green Energy Ltd (ADANIGREEN)
Adani Power Ltd (ADANIPOWER)
Adani Total Gas Ltd (ATGL)
Adani Energy Solutions Ltd
Adani Wilmar Ltd (AWL)
Ambuja Cements Ltd (AMBUJACEM)
ACC Ltd
NDTV Ltd
Each company operates in a different sector, so returns and risks vary.
In H1 FY26, the group reported strong numbers:
EBITDA: ₹47,375 crore
Growth: +11.2% YoY (TTM)
ROA: 15.1%
Stock performance has been mixed, but several group stocks have recovered from earlier lows, supported by infrastructure spending and energy demand.
Adani stocks can be considered if you have a long-term horizon, are comfortable with volatility, and want to diversify instead of concentrating on one group. Make sure to monitor debt levels, regulatory developments, and sector performance before investing.
Disclaimer: Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory.
