The wealth of Gautam Adani, head of the Adani Group, which is involved in the business from ports to power, has come down to $ 50 billion. According to the data of the Bloomberg Billionaire Index on Monday, February 20, Gautam Adani's assets are $ 49.1 billion and he has come at number 25 on the list of the world's rich. On the other hand, according to the Forbes Real Time Billionaire List, Gautam Adani is number 25 with a net worth of $47.6 billion.
The wealth gap between Gautam Adani and Reliance Industries (RIL) chairman Mukesh Ambani is also increasing. According to the Bloomberg Billionaires Index, Mukesh Ambani is ranked 11th in the global rich list with a net worth of $83.6 billion. However, according to the Forbes Real Time Billionaires list, Ambani is in the 8th position with a net worth of $86 billion.
Shares of Adani Group Adani Green Energy, Adani Total Gas, Adani Transmission, and Adani Enterprises needed a respective 410 percent rise to hit their 52-week highs. Currently, Adani Green Energy's share is trading at Rs 606.45 on the Bombay Stock Exchange on Monday, while Adani Total Gas' share is trading at Rs 925.10. On the other hand, shares of Adani Transmission and Adani Enterprises are trading at Rs 873.90 and Rs 1,623.65 per share, respectively, on BSE in early trade on Monday.
Adani Group's market cap reached below $ 100 billion
The market capitalization (MCAP) of billionaire Gautam Adani-led Adani Group fell below $100 billion on Monday. Since the release of the Hindenburg Research report in late January, Adani Group shares have lost over $135 billion in market cap.
The group's market cap was $ 290 billion in September last year, which has declined by about $ 200 billion so far.
Selling continued in most of the group's shares on Monday (20 February 2023). Shares of Adani Enterprises, the flagship company of the group, declined by 9.4 percent.
Also Read: Dunzo Layoffs: Layoffs continue in startup companies, Google-backed Dunzo lays off 3% employees
Delhi Chief Minister Arvind Kejriwal's plea to get his sugar level checked regularly and consult
Main Atal Hoon Box Office Collection Day 1: The biopic film 'Main Atal Hoon' of the country's mos
Vishwa Vokkaliga Mahasamastan Math's Mahant Kumar Chandrashekharnath Swamiji on Tuesday (November
Following the violence in Nagpur, the Maharashtra Cyber Department has identified more than
Sonu Sood, who was praised for his noble deeds during Covid-19, is now facing criticism due to th
Fire is raining from the sky in the capital. On Sunday, people were seen suffering from
On behalf of Prime Minister Narendra Modi, a chaadar will be offered at the dargah of Khwaja Moin
US President Donald Trump invited Prime Minister Narendra Modi, who had come to attend the G-7 su
Thousands of devotees thronged to have darshan of Lord Jagannath, Balabhadra and Devi Subhadra on
Parsi New Year 2022: Today is Parsi New Year 'Navroz', know its tradition, history and importance
Parsi New Year 2022: Today the Parsi community is celebrating Navroz i.e. New Year. Navroz is als