scorecardresearchRise in Adani group stocks contributed 79% of India’s market-cap gain in 2022: Report

Rise in Adani group stocks contributed 79% of India’s market-cap gain in 2022: Report

Updated: 02 Sep 2022, 09:50 AM IST
TL;DR.
Six out of seven Adani group stocks have turned into multi-baggers in the last one-year period. Adani Wilmar, which was recently listed, is trading 197.08% higher than its issue price of 230/share.
So far in 2022, the value of his companies’ holdings has gone up by $66.2 billion, surpassing the market capitalization of blue chips. 

So far in 2022, the value of his companies’ holdings has gone up by $66.2 billion, surpassing the market capitalization of blue chips.