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Gautam Adani has been one of the famous industrialists of the country in the last decade. He is the owner of all the companies. From infra to warehouse and from port to telecom sector, his feet are spread in all sectors. In such a situation, it is important for you to know in which sector Adani’s shares can give you great profits by investing.
Share price doubled in 5 years
According to the Motilal Oswal Annual Wealth Creation Study 2022, electricity transmission company Adani Transmission and Adani Enterprises, the holding company of Adani Group, have proved to be India’s fastest wealth creators. Because of this, Mukesh Ambani’s Reliance Industry has been left behind in this matter. These two companies of Adani have doubled the price of their shares between 2017 and 2022 in the all-round category.
Reliance Industries also shines
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Gautam Adani’s two companies have definitely shown the charisma of doubling the share prices in 5 years. But Mukesh Ambani’s company is also no less. The market capitalization of Reliance Industries has increased by Rs 13 lakh crore between 2017 and 2022. It has got the title of the largest wealth creator company overall.
Motilal Oswal’s report states that between 2017 and 2022, Adani Transmission’s share prices have increased at a compound annual growth rate of 106 percent. This company has emerged as the fastest money making company.
Wealth Creator Top 10 Companies
According to a report by ET Now, among the top 10 wealth creator stocks Tanla platforms, brightcom, Tata Tele, Deepak Nitrite, Alkyl Amines, Tata Elxi, Coforge, and Mindtree. According to Oswal’s report, Rs 10 lakh invested in these stocks in 2017 will be worth Rs 2.10 crore in 2022. This has given a return of 84 percent CAGR. At the same time, 15 percent profit has been received from BSE Sensex during this period. The performance of shares of Adani Group’s company Adani Enterprises has been the best between 2017-2022.
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