Adani Group Becomes Third Indian Company after Tata And Reliance To Cross $100 Billion Market Cap

Adani Group Becomes Third Indian Company after Tata And Reliance To Cross $100 Billion Market Cap 

 Adani Groups Joins a $100 billion club in market Capitalisation. It has become India’s Third Group after Tata And Reliance To cross the $100 billion market, Cap.

Gautam Adani, who is the owner of Adani Group is now the 21st richest man in the world with a net worth of around $57 billion.

It was a decent Tuesday for Adani Group as a good rally was shown in 4 shares of Adani Groups. Adani Enterprises Rose around 8 percent to 1240.45, and Adani’s total Gas rose around 6 percent to 1248.  Adani Transmission Ltd has surged 5% to ₹1,147, and Adani Ports and Special Economic Zone Ltd Increased 14% to ₹852.

So after all these surges The Total Market Capitalisation of Adani Group at the closing of Tuesday’s marketing was around 7.84 lakh Crore or used $106.8 billion.

Adani Groups works in the field of mines, ports, power plants, defense, city gas, and data centres.

For the last few years, Adani ports have accessed control over 7 airports which is surprisingly 1/4th of Indian air traffic, had good deals in renewable energy, and won some contracts of ports, especially in Sri Lanka.

Adani ports control around 30 percent of Indias’ Ports industry and have partnered with Total Gas for city gas and renewable energy distribution.

Among Adani Group, Adani Gas has surged over 1200 percent in the last one year while Adani enterprise has surged over 850 percent and Adani Green around 680 percent.

Gautam Adani, the owner of Adani Group has added over $23 billion in 2021 with the help of share prices.