Gautam Adani: Adani's companies increased the market cap of the indian market by 79%, know which company was on top?
Adani: Two indians gautam adani and mukesh ambani have made it to the list of the top 10 richest people in the world. gautam Adani's wealth has increased by $62 billion this year while mukesh Ambani's wealth has increased by $4 billion.
Gautam adani has become the third richest person in the world due to the tremendous jump in the share prices of adani Group companies. His wealth has grown to $142.7 billion. According to the Bloomberg Billionaire Index, gautam adani is the first Asian to make it to the top three list of the world's rich.
The holdings of adani Group companies have increased by $112 billion in the last two years. This is more than any billionaire in the world. gautam Adani's wealth has increased by 365% in the last two years. His wealth has increased from $30.7 billion to $142.7 billion. During these two years, he has risen from number 40 to number three on the list of the world's rich.
In the year 2022 itself, the holding of companies of gautam adani increased by 66.2 billion. adani Group companies have also overtaken blue chip companies like the bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india, Bajaj Finance, HDFC, Bharti Airtel, and lic in terms of market capitalization.
This year only two indians gautam adani and mukesh ambani have made it to the list of the top 10 richest people in the world. gautam Adani's wealth has increased by $62 billion this year while mukesh Ambani's wealth has increased by $4 billion. Apart from these two people, other billionaires have lost their wealth due to market sell-off.
The performance of Andani Group companies has also helped the indian stock market. According to media reports, a 79% increase in the market capitalization of the country's companies has come from the seven listed companies of adani Group. The market capitalization of all listed companies on the bombay Stock Exchange has increased by Rs 12.74 lakh crore in the year 2022.
In this, a contribution of Rs 10.05 lakh crore has been contributed by only seven listed companies of adani Group. On the other hand, the market cap of companies like TCS, Infosys, Wipro, lic, and HCL Tech has decreased by Rs 8 lakh crore this year.
In the year 2022, the Nifty index has gained just one percent, while the share prices of the seven listed companies of the adani Group have increased by an average of 127%. Shares of adani Power, a company of adani Group, have gained up to 313%.
The National Stock Exchange said on thursday that its main index Nifty will change from 30 September. adani Enterprises will enter Nifty Fifty after 30th September. adani Enterprises will be replaced by Shree Cement in this index. This will be the second company of the adani Group to find a place in the Nifty Fifty Index. adani Ports and Special Economic Zone is already a part of this index. In the year 2022 so far, the shares of adani Enterprises have gained 88 percent, while on the other hand, the price of the shares of Shree Cement has declined by 21%.
