This Adani group stock gains 47% in a month, rises 326% so far this year

Shares of Adani Power hit a new high of Rs 428.20, up 4 per cent on the BSE in Monday's intra-day trade in an otherwise weak market. 

This came after the company announced that it has agreed to acquire the thermal power assets of DB Power for the enterprise value of nearly Rs 7,017 crore. 

BSE Sensex has dipped around 0.38 per cent but Adani Power's share price has surged about 326 per cent.

Meanwhile, in the past one month, Adani Power has outperformed the market by surging 47 per cent against a 6 per cent rise in the S&P BSE Sensex. 

Over the past six months, the stock has zoomed 255 per cent as compared to 3 per cent gain in the benchmark index.