Adani’s shares started falling after the report of American research firm Hindenburg came out. Shares of Adani group companies continued to fall, but after a month the tide has turned. The effect of Hindenburg is starting to look ineffective. Last week too, there was a boom in Adani’s shares. This week has also started on a brisk note. Adani’s shares saw a stormy rise on the first day of the week on Monday. Adani’s shares started rising in the pre-opening itself. As soon as the market opened, the speed of rocket was seen in Adani’s shares. Shares of Adani Enterprises, the flagship company of Adani Group, rose up to 13 per cent. Adani Power, Adani Green, Adani Transmission and Adani Total Gas have 5% upper circuit.

Condition of adani shares – 

  • Adani Enterprises is trading at Rs 2123.65 with a gain of 13 per cent at 10.30 am.
  • Shares of Adani Ports and Special Economic Zone have gained 3.19 per cent to Rs 708.15.
  • Adani Power’s stock gained 5 per cent as soon as the market opened in the morning and reached Rs 177.90.
  • Shares of Adani Transmission are trading at Rs 780.90, up 5 per cent.
  • Adani Green Energy’s stock gained 5 percent as soon as the market opened and the stock jumped to Rs 590.10.
  • Shares of Adani Total Gas climbed 4.99 per cent to Rs 829.90 till the time of writing the news.
  • Shares of Adani Wilmar jumped 5 per cent to Rs 439.20.
  • Shares of ACC Cement jumped 0.41 per cent to Rs 1901.90.
  • Shares of Ambuja Cement jumped 1.29 percent to trade at 397.05 percent.
  • NDTV shares are trading at Rs 231.10, up 5 per cent, at market open today.

Gautam Adani’s entry in top 25

The effect of the rise in shares has been seen on the shares of Gautam Adani. Gautam Adani’s net worth has increased the fastest in the Forbes Billionaire list today. Gautam Adani has again become the top gainer in the list of Forbes Billionaire. Gautam Adani’s wealth has increased by $ 2.9 billion. According to the Bloomberg Billionaire Index, Gautam Adani’s net worth has reached $46.8 billion. With the increase in wealth, Gautam Adani has re-entered the top 25 list of the world’s richest people. Gautam Adani has reached number 24 in the Bloomberg Billionaire Index with $ 49.8 billion. On the other hand, Gautam Adani is at number 26 in the Forbes Billionaire Index with $ 46.2 billion.

After the report of the American research firm, the decline in Adani’s shares has started to stop. Adani has received huge investment from abroad. GQG Company has made a bumper purchase of Adani’s shares. This company, Rajiv Jain’s company GQ (GQG), invested 15 thousand crores in shares from four companies of Adani Group. After the arrival of this news, Adani’s shares became a rocket. It has been observed that there’s been a tremendous recovery in Adani’s shares last week. Adani’s shares have started climbing rapidly. Shares of Adani’s flagship company Adani Enterprises jumped 57% in 4 days. On the other hand, the market value of Adani Group has gone up by Rs 1.7 lakh crore. Gautam Adani’s personal worth has increased rapidly due to the rise in Adani’s shares. While Adani’s shares rose, The recovery in the market value of Gautam Adani’s company has dealt a blow to Hindenburg’s objective of short selling. GQG’s Rajeev Jain, who has bought shares in the Adani group, also said during an interview that he has done an in-depth study of the Adani group and does not agree with the Hindenburg report. Questions have been raised earlier also regarding the report of Hindbird. Hindenburg has been accused of personal gain by harming the Adani group, but the recovery in Adani’s shares has put an end to his plans.

Adani’s earnings increased rapidly

Gautam Adani’s net worth has seen a rapid increase on Friday, the last trading day of the last week. Last Friday, Adani’s shares increased the most. Gautam Adani remained the world’s biggest gainer for the second consecutive day on Friday due to the rise in Adani’s shares. There was an increase of 14 percent in his net worth in one day. He has earned around Rs 2 crore every second on Friday. Adani’s net worth increased by about Rs 4,42,68,12,00,000 due to the rise in Gautam Adani’s stock on Friday. That is, every minute he earned Rs 1,18,04,83,200, while his wealth increased by Rs 1,96,74,720 every second.

How much wealth increased

Due to the rise in Gautam Adani’s shares, his wealth has increased to $ 43 billion in the Forbes Billionaire List. In the Forbes Billionaire list, Gautam Adani has jumped to number 26 in the list of the rich. His wealth has reached 43 billion dollars. Last week, Gautam Adani has increased from number 37 in the list of world’s rich to $ 43 billion. The past week has been good for Gautam Adani. Adani shares are expected to rise this week. The way the group is getting good response on roadshows abroad and positive indications have been given by the Adani group regarding the Supreme Court’s inquiry committee, investors are returning again. Last week, there was a stormy boom in Adani’s shares for four consecutive days. The same is expected this week as well.

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