The market value of Adani’s listed firm grown over five times in one year

adani group of companies

adani group of companies

Adani group of companies made a return of 420% in just 12 months. Which is an investment of Rs. Ten thousand in the six listed Adani companies will be worth 52000 now. The total market capitalization of the six Adani group of companies last year was 1.64lakh crore which now rose to 8.5lakh crore in just one year. 

The rise of Gautam Adani has been lightning fast in the last few years. He rose from a medium-sized to the wealthiest family-based business leaving behind Tatas and Birlas.

“Only Mukesh Ambani stands ahead of Gautam Adani in terms of wealth. Ambani’s fortune stands at $77 billion, Adani is not far behind at $69 billion. In fact, since the beginning of 2021, Adani has added ₹75 crores per hour to his wealth, after Jeff Bezos and French luxury Tycoon Bernard Arnault, who was briefly the "richest person of the world.” as reported by a business insider. 

Source: BI

 

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