New Delhi
Gautam Adani has been in the limelight for the past one month-and-a-half. American research firm Hindenburg released its report regarding Gautam Adani’s company Adani Group, after which the shares of Adani Group started falling. However, for the last 10 days, Adani’s shares are returning fast. Shares of Adani group companies have started rising gradually. The losses of the companies are being compensated. At the same time, the net worth of Gautam Adani has also started increasing. Gautam Adani’s net worth had reached $31 billion after the Hindenburg report. Gautam Adani, who was once ranked third in the Forbes Billionaire Index, dropped to number 37, but is now making a comeback. His wealth is increasing. In this list of rich, he has reached number 24 with $ 48.5 billion. Gautam Adani’s wealth increased by $ 1.3 billion on the first trading day of the week on Monday. While on one hand Gautam Adani is making a comeback, on the other hand the wealth of India’s richest industrialist Mukesh Ambani is declining.
Ambani slipped in the list of rich
Reliance Industries Chairman Mukesh Ambani’s wealth declined by $1.3 billion on Monday. According to the Forbes Real Time Billionaire Index, Mukesh Ambani lost $ 1.3 billion i.e. approximately Rs 1,06,96,76,40,000 in one stroke. With this loss, Mukesh Ambani has slipped from number 8 to number 9 in the list of Forbes Billionaires Index with a net worth of $82.1 billion.
Reliance shares fall
For the past few days, there is no good news for Reliance from the stock market. After the last trading day of last week, Reliance shares saw a decline in the first trading day of the week as well. Today Reliance shares fell by 1.65 per cent to Rs 2284.90. On the other hand, Reliance’s stock fell by one and a half percent on Friday. On Friday, the company’s market cap fell by more than Rs 25,000 crore. The market cap of the company was Rs 15,71,724.26 crore on Friday, which fell to Rs 15,45,846.27 today. That is, today the company’s market cap fell by Rs 25,877.99 crore.
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