Adani Family Becomes India’s Wealthiest After Supreme Court Ruling Boosts Stock Prices
The rally was spurred by a Supreme Court ruling this week regarding ongoing investigations into allegations against the Adani Group.
Read more
Some of the largest stock increases on Wednesday included gains of 11.6% for Adani Energy Solutions and 9.84% for Adani Total Gas.
Read more
Across its various companies, the Adani Group saw an overall market value increase of over ₹15 lakh crore for the day.
Read more
As a result of the stock rally, estimates show the total wealth held by the Gautam Adani family jumped to around ₹9.37 lakh crore.
Read more
In comparison, Mukesh Ambani’s family wealth declined slightly to around ₹9.28 lakh crore.
Read more
This means the Adani family has taken back the top spot as the richest family in India from the Ambanis.
businessoutreach.in