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Dec 25, 2025, 10:11:22 AM IST

Even as volatility stayed high across Indian equities in 2025, a handful of Adani Group stocks managed to end the year in the green. While several group companies struggled to regain momentum, five listed Adani stocks delivered positive returns, with gains of up to 36% over the year. Here is a snapshot of the five Adani companies that rewarded shareholders in 2025.

ETMarkets.com

Adani Power emerged as the top-performing Adani stock in 2025. The company’s market cap rose from about Rs 2.04 lakh crore at the end of 2024 to nearly Rs 2.78 lakh crore by December 23, 2025. The stock gained 36.21% during the year, benefiting from strong demand for thermal power, improving plant utilisation and a tighter power supply situation across several states.

IANS

Adani Energy Solutions delivered a solid performance in 2025, with the stock rising 23.38%. Its market capitalisation increased from around Rs 96,871 crore to about Rs 1.19 lakh crore over the year. The gains came amid continued expansion in transmission assets and steady execution in regulated power infrastructure projects.

ANI

Adani Ports and Special Economic Zone also featured among the gainers, ending 2025 with a 21.55% rise. The company’s market value climbed from roughly Rs 2.65 lakh crore to about Rs 3.44 lakh crore. Stable cargo volumes, diversified port operations and resilience in logistics helped support the stock through the year.

ETMarkets.com

ETMarkets.com

Ambuja Cements rounded out the list of gainers with a 2.10% rise in 2025. Its market capitalisation edged up from nearly Rs 1.32 lakh crore to about Rs 1.35 lakh crore. The stock remained relatively stable through the year as the company focused on cost efficiencies and capacity expansion amid intense competition in the cement space.

ETMarkets.com