Adani Group is the third Indian conglomerate to cross the $100 billion market cap following Tata Group and Reliance Industries Ltd. Gautam Adani initiated as a commodities trader in the late 1980s and for more than two decades built an empire that now streches from mines, ports and power plants to airports, data centre, city gas and defence.

This group joins the club with shares of four of its six listed companies. However, the total market cap of Adani Group’s six listed companies at the close of trading on Tuesday was Rs. 7.84 lakh crore or $106.8 billion, reports the stock exchange data.

In the past two years, Adani Group has obtained control of seven airport and almost a quarter of the country’s air traffic, and made a repid strides in renewable energy capacity addition, won a contract to co-develop a port terminal in SriLanka and procured ports in India. Lately, the group has also acquired astake in Gangavaram port, natural gas reserves off the Mumbai coast, commissioned wind power plant in Gujarat. Furthermore, the group has also acquired solar projects, obtained a power transmission project from Essel Infraprojects and inked a pact to develop 1gigawatt of data centre capacity in India.

Presently, Adani Ports holds 30 percent of the nation’s port industry and has French energy giant Total as a partner in its renewable energy and city gas distribution business. Yet, Adani Green is eyeing 25 gigawatts of renewable capacity by 2025.

According to BSE report, Adani Enterprises has concluded at an all-time high of Rs.1,225.55 on the BSE on Tuesday, up by 7.67 percent as compared to the previous day’s close. Adani Total Gas reached a record high of Rs.1,248 before closing at Rs.1,204.35, while Adani Transmission jumped five percent to Rs.1,147 prior to settling at Rs.1,109.90.

Furthermore, Adani Ports obtained 12.84 percent to end at an all-time high of Rs.837.45. Adani Power rose five percent to Rs.98.40, while Adani Green Energy gained 2.2 percent to Rs.1, 194.55.

Apart from Adani Green and Adani Power, the shares of other listed firms have reached a record high. Tata Group’s current market cap is close to $ 242 billion while RIL m-cap is at $ 171 billion.

Thus, five of the Adani Group firms have a m-cap of more than Rs.1 lakh crore, while one Adani Power has an m-cap of Rs.37,952.28 crore.