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Adani Share Price: The companies of Adani Group have been steadily increasing for the last few days. Today, in Wednesday’s trading, the shares of the group remained strong for the sixth consecutive day. Due to this, not only the market value of Adani Group has increased rapidly, but the net worth of Group Chairman Gautam Adani is also increasing.
Upper circuit on these 6 stocks
Today the market may not have been very profitable, but the day of Holi remained colorful for the Adani group. In today’s trade, all the 10 stocks of the group had turned profitable in a few minutes of trading and many had started trading with the upper circuit itself. At the end of the day’s trading, six Adani group companies Adani Green, Adani Power, Adani Transmission, Adani Wilmar, Adani Total Gas and NDTV (NDTV) shares hit upper circuit. Upper circuit was imposed on all these six stocks yesterday also.
This was the condition of other stocks
Adani Green, Adani Power, Adani Transmission, Adani Wilmar, Adani Total Gas and NDTV managed to gain 5-5 per cent. Looking at other group companies, the flagship stock Adani Enterprises gained 2.86 per cent. After the end of trading, Adani Ports gained 3.22 per cent, ACC gained 1.03 per cent and Ambuja Cement gained 1.69 per cent.
Today’s performance was like this:
company’s name | Today’s closing price (on BSE, in Rs) | Change (in %) |
ndtv | 242.20 | 4.94 |
Adani Enterprises | 2039.65 | 2.86 |
Adani Green | 619.60 | 5.00 |
Adani Ports | 712.75 | 3.22 |
Adani Power | 186.75 | 4.97 |
Adani Transmission | 819.90 | 4.99 |
Adani Wilmar | 461.65 | 5.00 |
Adani Total Gas | 861.90 | 4.99 |
acc | 1885.00 | 1.03 |
Ambuja Cement | 392.05 | 1.69 |
Now Adani’s net worth is this much
At the end of January, after the Hindenburg report came out, the shares of Adani Group had seen a huge decline for about a month. In this one month, there was a huge decline of up to 80 percent in the shares of Adani Group. This also affected the net worth of the group’s chairman Gautam Adani. Gautam Adani, who once became the third richest person in the world, dropped out of the top-30 in the list of world’s richest people after the report came out. Although now Gautam Adani has reached the 24th position in the Bloomberg Billionaires list with a net worth of $ 52.1 billion.
Getting help from these factors
Investors are again showing confidence in Adani Group. Last week, NRRE investor Rajeev Jain’s company GQG Partners invested Rs 15,446 crore in Adani Group shares. These investments were made in Adani Enterprises, Adani Ports and Special Economic Zone, Adani Green Energy and Adani Transmission. On the other hand, today the Adani group repaid the loan of Rs 7,374 crore ahead of time.
mcap increased so much in 6 days
Shares of group and group companies are getting help from these factors. For this reason, the shares of the group are witnessing a steady rise for the last 6 days. On the basis of continuous rally, the market cap of Adani group companies has now crossed Rs 9 lakh crore. During this period, the MCAP of the group companies has increased by about Rs 2.15 lakh crore in total.
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