Don't miss the action in Adani Group stocks!

There’s a brand-new billionaire on the block, Gautam Adani, of the Adani Group, whose companies have managed to double the investors’ money, even in these crucial times of high inflation and geopolitical tensions. The stocks have shown a phenomenal rally over the past few weeks

There’s a brand-new billionaire on the block, Gautam Adani, of the Adani Group, whose companies have managed to double the investors’ money, even in these crucial times of high inflation and geopolitical tensions. The stocks have shown a phenomenal rally over the past few weeks. 

In fact, Adani Power and Adani Wilmar have doubled investors' money in the first three months of the year 2022. 

The rally in these shares has made Gautam Adani India's richest man, according to Bloomberg Billionaire Index, surpassing Mukesh Ambani who held the top position for quite some time. He joined the USD 100 billion club of the richest entrepreneurs in the world. 

Also, Adani Enterprises has recently incorporated two wholly-owned subsidiaries, Bengal Tech Park Ltd and Adani Copper Tubes Ltd with an authorized and paid-up share capital of Rs 1,00,000 and Rs 10,00,000, respectively in order to help and streamline their businesses. 

The multibagger stock of Adani Wilmar Ltd, which debuted on the bourses on February 8, 2022, also has given a return of 105.63 per cent to date. 

Furthermore, the stocks of Adani Green Energy, Adani Green Enterprises, Adani Total Gas, Adani Power, and Adani Enterprises stocks have hit their 52-week high on April 4, 2022.