Gautam Adani networth: What has become what happened while watching! Gautam Adani at 24th and company at number 25 – adani enterprises slips to 25th position in terms of market cap
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Adani Group had become India’s largest conglomerate by market cap in September last year. He had also defeated Reliance Industries and Tata Group. But the report of the Hindenburg Reseach that came on January 24 turned everything upside down. In this report, it has been alleged that Adani Group has rigged shares for many years. Although Adani Group has rejected these allegations. But this has led to a huge fall in the shares of Adani Group. The market cap of the group has decreased by $ 120 billion.
Adani Enterprises slips to 25th position
At one time, many companies of Adani Group were around the top ten in terms of market cap. But today Adani Enterprises, the largest company of the group, has slipped to number 25. Its stock had hit a 52-week low earlier this month. Although now there has been some improvement in it. Now it is trading at Rs 1724.15. Now its market cap has reduced to Rs 200,788.40 lakh crore. Adani has also slipped from third to 24th in the list of the world’s rich. According to the Bloomberg Billionaire Index, his net worth has come down to $50.2 billion. His net worth has declined by $70.3 billion this year.
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