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
Sports Day is celebrated every year on 29 August in the country on the birth anniversary of Hocke
The anti-rape bill was introduced in the Bengal Assembly today i.e. on Tuesday, which was passed
Hindi cinema has lost one of its best and most powerful storytellers. Director Partho Ghosh, who
Raghav Chadha Parineeti Chopra Engagement: What is going on between Parineeti Chopra and Aam Aadm
The new year 2025 has brought a new dawn of new hopes and enthusiasm. The new year was welcomed w
The Asia Cup 2025 has seen a lot of drama. The India-Pakistan match in particular sparked controv
The International Hockey Federation (FIH) has imposed a one-match ban on India's Amit Rohidas, du
Earthquake In Uttarkashi: The earth shook again in Uttarkashi, earthquake tremors felt
Earthquake tremors woke people from their sleep on Thursday (today) morning in Uttarkashi distric
Chandrayaan-3: ISRO will try to wake up the lander and rover today, that's why both were sleeping
After the successful landing of Chandrayaan-3 on the Moon on August 23, the lander and rover are
Three Pakistani terrorists of Lashkar-e-Taiba were involved in the attack on a bus full of devote
