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
Former Delhi Chief Minister and Aam Aadmi Party Convenor Arvind Kejriwal himself reached the Elec
Indian cricketer Virat Kohli has been a topic of discussion on social media since liking Avneet K
The audience is eagerly waiting for the next film of the blockbuster film 'KGFA 2' fame actor Yas
Congress leader Rahul Gandhi praised China at Cambridge University in Britain. He said that looki
Currently, if any film is getting a tremendous response in theatres, then it is South Cinema's my
IND vs ENG: 'I forgot what my position is...', why did KL Rahul say this after his century?
The Indian team performed brilliantly on the fourth day of the Headingley Test. Especially the pa
On the holy occasion of Basant Panchami, a sea of faith thronged the Triveni Sangam on Mond
EC hits back at Rahul Gandhi's fresh allegations that 'votes cannot be deleted online'
Congress leader and Leader of the Opposition in the Lok Sabha, Rahul Gandhi, has once again raise
YouTuber Purav Jha was recently seen in Amazon Prime Video's reality show "The Traitors". Karan J
The city of Bareilly is very special for international artistes Nalini and Kamlini, who belong to
