The Adani Group shares have become the biggest wealth creator since the pandemic hit Dalal Street. Over the past 25 months, all of the Adani Group’s publicly traded companies have delivered good returns to investors. According to the Bloomberg Billionaires Index, prolonged swings in Adani Group shares have made its chairman the fifth-richest person on the planet, with a fortune of $125 billion. So far, Adani has added more than $48 billion to his portfolio, beating all records of 2022.
Over the past 25 months, Adani Group’s natural gas distribution unit has become the largest wealth generator; the shares have risen as much as 3,045% from Rs 81.9 on Mar 24, 2020 to Rs 2,575 on Apr 30, 2022. During the review period, an investment of Rs 10,000 in the company will convert to Rs 315,000. The renewable energy company Adani Green Energy recently became part of the top 10 most valuable companies in India, due to yhe nearly 2,000% rise in its share price since the global pandemic. The note rose to Rs 2,957.8 from Rs 141.25 on 24 March 2022, turning an investment of Rs 10,000 into Rs 210,000.
Besides Adani Green, the flagship company of the Adani Group is up more than 1,770% in the last 25 months. The company was established in 1988, formerly known as Adani Exports, and is mainly engaged in commodity trading. During the review period, the share price jumped from Rs 129.35 to Rs 2,420, turning an investment of Rs 10,000 into Rs 187,000. Adani’s next treasure is called Adani Transmission, which is a power transmission company based in Ahmedabad. Currently, it is one of the largest private power transmission companies in India, with a transmission length of over 18,500 km and a substation capacity of 38,600 MVA. Adani Transmission shares have gained more than 1425% in the last 25 months. If someone might have invested Rs 10,000 in the company on March 24, 2022, it would become Rs 153,000 by today.
Adani Power, a power and energy arm of the diversified Adani Group, headquartered in Khodiyar, Ahmedabad, Gujarat has seen significant rise in the market; it has achieved a return of over 970% in a given period of time, turning an investment of Rs 10,000 into Rs 107,000. Adani Power has a generating capacity of 12,450 MW, including thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh and a 40 MW solar power project in Gujarat. Adani Group’s latest listing, Adani Wilmar, is also up 270 per cent at an issue price of Rs 230. Until now, it has turned an investment of Rs 10,000 into Rs 36,650. Adani Wilmar was established in 1999 as a joint venture between the Adani Group and the Wilmar Group. It offers edible oils, wheat flour, rice, beans, and sugar under the Fortune brand.
