Gautam Adani did such a feat, Elon Musk and Jeff Bezos were also surprised, made this difficult record
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Gautam Adani Group News: Country’s veteran industrialist Gautam Adani has once again joined the list of top-20 rich people of the world. On Friday, Adani did such a miracle, which Mukesh Ambani to Jeff Bezos or Elon Musk has not been able to do so far. Adani was the highest earning billionaire in the world on Friday. According to the Bloomberg Billionaire Index, Gautam Adani’s net worth increased by $ 2.92 billion i.e. approximately Rs 24281 crore on Friday. On the other hand, amid the rally in the shares, an increase of Rs 45,200 crore was registered in the market valuation of group companies on Friday. Let us tell you that on Friday, the shares of all the 10 listed companies of the group have gained on the confidence of global investors. According to the stock market data, the total market valuation of 10 companies of Adani Group went up to Rs 10.96 lakh crore on Friday.
Shares of all 10 listed companies of the group rose
The market valuation of industrialist Gautam Adani’s group companies increased by Rs 45,200 crore on Friday. The reason for this is the rise in the shares of all the 10 listed companies of the group on the confidence of global investors. According to the stock market data, the total market valuation of 10 companies of Adani Group went up to Rs 10.96 lakh crore on Friday. At the close of business on Thursday, the market valuation of all the companies was Rs 10.51 lakh crore.
Group recovered from Hindenburg and Deloitte issue!
Market experts say that the rise in share prices is due to increased interest from global investors. Investors seem to have put Deloitte’s recent issue behind them. The head of research of a domestic brokerage company said, Adani Group’s shares have seen strength in the last few days. The market has analyzed the emerging developments and available data. Furthermore, with the group’s fund raising process remaining robust and project execution progressing smoothly, there is a strong sense of confidence in the group’s operational capabilities, he added. The shares are set for gains in the near term.
Hindenburg – Deloitte’s concerns left behind
The research head said that the measures taken by the promoters to build trust have also helped, reports PTI. The recent acquisitions by long-term investors GQG Partners and Qatar Investment Authority were taken positively as the promoter group has abundant capital following these deals, he said. It has left behind all concerns – be it Hindenburg or Deloitte.
Which company of Adani group got so much growth?
Shares of all the 10 listed companies of Adani Group closed in a good manner on Friday. Among these, Adani Power gained 6.34 percent, Adani Green Energy 6.7 percent and Adani Energy Solutions gained 6 percent. Shares of group flagship company Adani Enterprises rose 3.93 per cent, taking its market valuation to Rs 2,93,789 crore. Among other major gainers, shares of Adani Ports and Adani Total Gas gained 3.2-3.2 per cent on Friday.
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