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
A convoy of 14 trucks from Medecins Sans Frontieres (MSF), a free medical aid organization, has e
The Indian team has not won a single ICC trophy since 2013. During this, Team India has been disa
President Draupadi Murmu gave her first address in Parliament after the formation of the NDA gove
The first bilateral meeting between PM Narendra Modi and the head of the interim government of Ba
Prime Minister Narendra Modi may visit America next month, i.e., in September. He may address the
The term of Reserve Bank of India (RBI) Governor Shaktikanta Das is ending today on 10 December 2
There is a ruckus in the Jammu and Kashmir Assembly on the third day over the Waqf Act. National
Talks have been going on between India and America for a long time on a trade deal. However, now
Many areas of Tamil Nadu suffered heavy losses due to Cyclone Michong. Due to this cyclonic storm
PM Modi addressed a public meeting in Saharanpur. During this, while paying homage to Mother Shak
