Shares of Adani’s five companies rocketed to Rs 23,000 crore in 15 minutes. Shares of five Adani Group companies rose 5 per cent to Rs 23,000 crore in 15 minutes
The real reason for the rise in shares of Adani Group companies is said to be the return of investor confidence. In fact the Adani Group has been consistently paying off its loans ahead of schedule.
Although stock market Despite the initial decline, Adani’s shares are bullish. As the market opens Adani Group The upper circuit appears in five companies. On the other hand, four companies, including Adani Enterprises and Cement Business, are marginally lower. The real reason for the rise in Adani shares is said to be the return of investor confidence. In fact the Adani Group has been consistently paying off its loans ahead of schedule. At the same time they are also successful in raising money from foreign investors. Adani’s road show has also proved to be a hit overseas, which can now be seen in America and London. Also tell which companies Adani is seeing boom and which companies are seeing decline.
Performance of Adani Company
| Company Name | Share Price (in Rupees) | up or down (in %) |
| Adani Enterprises | 2027.30 | -0.61 |
| Adani Port and SEZ | 708.50 | -0.60 |
| Adani Power | 196.05 | 4.98 |
| Adani Transmission | 860.85 | 4.99 |
| Adani Green Energy | 650.55 | 5 |
| Adani Total Gas | 904.95 | 4.99 |
| Adani Wilmar Gas | 484.20 | 5 |
| ACC LIMITED | 1885.15 | 0.13 |
| Ambuja Cement | 390.85 | 0.31 |
| NDTV | 251 | 3.55 |
Adani’s assets increased by Tk 23 thousand crores
On the other hand, Gautam Adani’s wealth also increased as the shares of Adani Group companies increased. Adani’s party has increased 23 thousand crore rupees in just one minute. In fact, according to Forbes Real Time Billionaires, Adani’s wealth increased by around $2.8 billion as of 9.30 am. Then his total assets amount to 47.7 billion dollars. Also, he entered the list of top 25 billionaires in the world.
Stock market crash
Stock market prices fell on Thursday. The benchmark Sensex of the Bombay Stock Exchange was trading down 107.57 points at 60,240.52 points. On the other hand, National Stock Exchange’s flagship index Nifty was trading down 34.85 points at 17,719.55 points. Adani Enterprises, Reliance, SBI Life ICICI shares are seen falling.
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