Adani’s investors became rich, happy with the increase in stocks, after a year the company’s shares returned to glory.
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There have been many ups and downs for Gautam Adani and his business. Earlier this year, Hindenburg Research’s report against Gautam Adani came out, in which many controversial statements were included. After this report, the shares of Adani Group were seen falling at the speed of a storm.
Meanwhile, towards the end of the year, there has been relief news for Adani Group. Adani Group has come out of this storm in a positive manner. The group has benefited on several fronts simultaneously. The result of this is that on December 7, a rally was seen in all the shares of Adani Group for the fourth consecutive day. Since the first day of this week, shares of Adani Group kept working on the upper circuit every day. Even in the afternoon, all the shares of Adani remained in the green zone.
60 percent increase in shares
The rally in Adani Group shares continues. The rally has also increased the MCAP of the companies involved. The mcap of all Adani Group companies has reached the threshold of Rs 15 lakh crore. Adani Total Gas is leading the rally. It reached its highest level of 1053.40 in the last 52 weeks. Its shares have increased by 60 percent in the last four days.
Gautam Adani’s wealth increased
With this, Gautam Adani’s wealth has also started touching the sky. With the increase in the shares of the company group, Adani’s net worth has also increased. Gautam Adani was out of the top 20 in the list of world’s richest people. Meanwhile, he has been included in the list of top 15 rich. Let us tell you that in the last four days, Gautam Adani’s net worth has seen an increase of more than 20 billion dollars. Gautam Adani’s net worth has exceeded $85 billion.
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