Adani stocks gain value and the company’s net worth once more surpasses 85 billion.
Adani stocks
Adani stocks: 2023 has been a turbulent year for Gautam Adani and his conglomerate. Even though the year got off to a bad start due to the contentious Hindenburg Research report, things appear to be wrapping up nicely this time. The last several days have seen a tumultuous surge in Adani’s shares, which has manifested itself on multiple fronts at once for the company.
Upper Circuit on Adani Total Gas
This Thursday marks the fourth day in a row that practically all of the Adani Group’s shares are rising. Every day since the beginning of this week, numerous Adani Group shares have been experiencing an upper circuit. The story is much the same even now. On Thursday at midday, the upper circuit was on Adani Total Gas, while all ten of the Adani Group’s stocks were trading in the green zone.
Adani shares position at 12 noon
| Company/Share | Price (in Rs)/Change (NSE) |
| Adani Enterprises | 2897.45 (+0.40%) |
| Adani Green Energy | 1608.80 (+2.88%) |
| Adani Ports | 1047.85 (+2.87%) |
| Adani Power | 565.15 (+0.85%) |
| Adani Energy Solutions | 1194.55 (+2.77%) |
| Adani Wilmar | 397.00 (+0.16%) |
| Adani Total Gas | 1143.50 (+8.68%) |
| NDTV | 289.40 (+1.40%) |
| Ambuja Cement | 505.00 (+0.77%) |
| Acc | 2,128.50 (+0.01%) |
This stock rose 60% in 4 days
Adani stocks: The group firms’ total market capitalization has surged due to the surge in Adani Group shares. Currently, the total market capitalization of all Adani Group listed companies exceeds Rs 15 lakh crore. Adani Total Gas, which at one stage in Thursday’s trading reached a fresh 52-week high of Rs 1053.40, is leading the rise. This stock has seen a price surge of over 60% in the last four days.
This is how the rally came
Adani Enterprises, a flagshine stock, has increased by 23% over the last four days of the rally. Comparably, Adani Green has increased by 55% over the past four days, Adani Ports by 26%, Adani Power by 30%, Adani Energy Solutions by 55%, Adani Wilmar by 16%, ACC Cement by 12%, Ambuja Cement by 15%, and NDTV by 33%. Consequently, the market capitalization of the firm has surpassed Rs 14.82 lakh crore thus far.
Adani’s net worth has become so much
The continuous increase in the group’s share price has also increased Gautam Adani’s net worth. Gautam Adani was not among the top 20 richest persons in the world last week, but he is now among the top 15. In just four days, Gautam Adani’s net worth increased by almost $20 billion. His current net worth is more than $85 billion.
The name has also been in the top-3
Based on Bloomberg’s Billionaires Index, Gautam Adani currently has a net worth of $86.2 billion, placing him at the 14th rank among the world’s richest people. In the past day, his net worth has grown by $3.71 billion. His net worth has decreased to $34.3 billion, though, as of this writing. Gautam Adani, whose net worth exceeded $120 billion, was one of the three richest persons in the world at the start of the year.
Forbes’ Real Time List
Gautam Adani’s current net worth is estimated by Forbes’ Real-Time Billionaires Index to be $75.8 billion. This statistic indicates that in the last day, Adani’s net worth increased by $5 billion, or 7.04 percent. According to Forbes’ real-time ranking, Gautam Adani is the sixteenth richest person on the planet.
