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Gautam Adani Reached Equal To Mukesh Ambani In Networth Reliance Industries Adani Group Share Price – Adani Wealth Equal To Ambani

Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Thu, 25 Nov 2021 10:22 AM IST

Summary

Adani Wealth Equal To Ambani: The wealth of Anadi Group Chairman Gautam Adani has seen a sharp increase in 2021 this year. Alam is that now in the matter of Adani assets, the owner of Reliance Industries has come at par with Mukesh Ambani.

Anadi Group Chairman Gautam Adani’s wealth has seen a sharp rise in 2021 this year. Alam is that now in the matter of Adani assets, the owner of Reliance Industries has come at par with Mukesh Ambani. At present, the wealth of both is $ 89 billion or Rs 6.63 lakh crore. Till now the richest person in Asia was Mukesh Ambani but now Adani has stood with Ambani on this position.

Adani’s companies capitalization 10 lakh crore
According to a report, the total market capitalization of Adani Group companies reached Rs 10 lakh crore on Wednesday. Whereas, the market cap of Reliance Industries is Rs 14.91 lakh crore. However, even though Reliance Industries is still ahead of Adani Grun in terms of market capitalization, Gautam Adani’s stake in own companies is more than Ambani’s in Reliance Group companies.

Adani holds 71 ​​per cent stake in companies
Talking about the stake of group companies, Gautam Adani’s stake in Adani Group companies is 70.59 percent. Adani has 74.92 per cent stake in three companies, 74.80 per cent in one company. In comparison, Mukesh Ambani’s stake in Reliance Industries is 50.61 percent. On the other hand, after deducting liabilities from the assets of the individual or corporation, both are now equal in terms of net worth.

Adani reached the level of Ambani on Wednesday
Significantly, on Wednesday, the gross market cap of the Adani group companies increased by Rs 12,000 crore and net market cap by Rs 4,250 crore. On Wednesday, the stock of Adani Enterprises closed at Rs 1754.65 with a rise of 2.76 per cent in the market. Due to this, after the increase in wealth, Adani reached at par with Mukesh Ambani.

Reliance shares fall
On Wednesday, the shares of Reliance had registered a fall. Reliance’s shares have been seeing a steady decline since the break of the $ 15 billion deal with Saudi Aramco. On Wednesday, Reliance’s stock closed at Rs 2,350.90, down 1.48 per cent on the BSE. Ambani had suffered a loss of about Rs 11,000 crore due to the fall in the share price.

Expansion

Anadi Group Chairman Gautam Adani’s wealth has seen a sharp rise in 2021 this year. Alam is that now in the matter of Adani assets, the owner of Reliance Industries has come at par with Mukesh Ambani. At present, the wealth of both is $ 89 billion or Rs 6.63 lakh crore. Till now the richest person in Asia was Mukesh Ambani but now Adani has stood with Ambani on this position.

Adani’s companies capitalization 10 lakh crore

According to a report, the total market capitalization of Adani Group companies reached Rs 10 lakh crore on Wednesday. Whereas, the market cap of Reliance Industries is Rs 14.91 lakh crore. However, even though Reliance Industries is still ahead of Adani Grun in terms of market capitalization, Gautam Adani’s stake in own companies is more than Ambani’s in Reliance Group companies.

Adani holds 71 ​​per cent stake in companies

Talking about the stake of group companies, Gautam Adani’s stake in Adani Group companies is 70.59 percent. Adani has 74.92 per cent stake in three companies, 74.80 per cent in one company. In comparison, Mukesh Ambani’s stake in Reliance Industries is 50.61 percent. On the other hand, after deducting liabilities from the assets of the individual or corporation, both are now equal in terms of net worth.

Adani reached the level of Ambani on Wednesday

Significantly, on Wednesday, the gross market cap of the Adani group companies increased by Rs 12,000 crore and net market cap by Rs 4,250 crore. On Wednesday, the stock of Adani Enterprises closed at Rs 1754.65 with a rise of 2.76 per cent in the market. Due to this, after the increase in wealth, Adani reached at par with Mukesh Ambani.

Reliance shares fall

Reliance’s shares had registered a fall on Wednesday. Reliance’s shares have been seeing a steady decline since the break of the $ 15 billion deal with Saudi Aramco. On Wednesday, Reliance’s stock closed at Rs 2,350.90, down 1.48 per cent on the BSE. Ambani had suffered a loss of about Rs 11,000 crore due to the fall in the share price.

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