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Sunday, January 23, 2022

Ambani VS Adani: Shares of Adani Enterprises ran 6 times compared to Reliance Industries in 2 months, investors became rich

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In the last trading session of the week, it is registering a fall of 0.94 per cent till 2.55 pm. At the same time, the stock of Adani Enterprises is seen trading at the level of Rs 1707 on Friday as well.

Mukesh Ambani and Gautam Adani

The shares of the country’s richest person Mukesh Ambani’s company Reliance Industry have seen a strong boom these days. Reliance Industries shares have gained 8.5 percent in the last two months. On the other hand, if we talk about the performance of Gautam Adani’s company, then it is running 6 times faster than Reliance Industries. Shares of Adani Enterprises touched a 52-week high in Thursday’s trading session. Even today, this stock seems to be trading in the green mark.

On the other hand, if we talk about the share of Mukesh Ambani’s company Reliance Industries, it has given returns for two months. But in the last trading session of the week, it is recording a decline of 0.94 per cent till 2.55 pm. On the other hand, the stock of Adani Enterprises is also seen trading at an all-time high of Rs 1707 on Friday.

The difference of such 6 times is

On April 1, the share of Adani Enterprises was at Rs 1107, which has now reached close to Rs 1700. That is, in 2 months this stock has given a return of 53 percent. Whereas Reliance Industries has given a return of 8.5 percent during this period. On April 1, the stock of Reliance Industries was at Rs 2021, which was trading at Rs 2193 till 3 pm on May 4.

Self-increasing wealth

Along with investors, the Corona period has also been very successful for Adani Group Chairman Gautam Adani. In the last one and a half years, his wealth has increased tremendously. The increase in the wealth of Gautam Adani in the year 2021 is more than the total increase in the wealth of 19 other Indian billionaires. Ambani and Adani are at the first and second positions of India in the Bloomberg Billionaires Index. Premji on the third, Nadar on the fourth, Lakshmi Mittal on the fifth, Radhakishan Damani on the sixth and Cyrus Poonawalla on the seventh. Adani’s wealth has increased by $ 35.20 billion, while the wealth of 19 other nobles has increased by $ 24.50 billion.

read this also: Senior Citizens Special FD Scheme closing banks like SBI, HDFC, know its deadline

read this also: HDFC Mutual Fund bought 130000 shares of this company, stock increased 16 percent, investors got a profit of 143 crores

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Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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