adani vs mukesh ambani: Adani who beat Ambani: Rapid property value hike

by time news

New Delhi, First Published Jun 16, 2022, 11:37 AM IST

In the six months to 2022, Adani Group’s assets grew by 88 per cent to Rs 17.60 lakh crore, according to the study.

Reliance Industries founder Mukesh Ambani’s assets have increased by 13.40 per cent to Rs 18.87 lakh crore in the last six months. The study was published by Axis Bank’s Burhandi Private Harun India 500.

adani vs mukesh ambani:  Adani Group fastest in valuation growth at 88%, Ambani's RIL up 13%: Report

Gautam Adani of Gujarat, Adani Group’s Asset Value The main reason for the increase in assets over the last 6 months is the growth of Adani Green Energy. The company has grown by 139 per cent in the last six months to Rs 4.50 lakh crore. Adani Green Energy, which was ranked 16th, jumped to 6th

Adani Wilmer grew by 190 per cent to Rs 66,427 crore and Adani Power by 157 per cent to Rs 66,185 crore. The nine companies in the Adani Group grew by 88.1 per cent to Rs 17.60 lakh crore in terms of value. Out of 500 companies, Adani Group alone holds 7.6 per cent.

adani vs mukesh ambani:  Adani Group fastest in valuation growth at 88%, Ambani's RIL up 13%: Report

The 500 companies grew by an average of 2 per cent to Rs 232 lakh crore from Rs 221 lakh crore, while the Adani Group alone grew by 88 per cent.

Reliance Industries founder Mukesh Ambani’s assets have increased by 13.40 per cent to Rs 18.87 lakh crore in the last six months.

Among the non-listed companies on the National Stock Exchange, Serum India fell 4.6 per cent to Rs 1.75 lakh crore. Baijus’ value rose 24.7 per cent to Rs 1.68 lakh crore.

adani vs mukesh ambani:  Adani Group fastest in valuation growth at 88%, Ambani's RIL up 13%: Report

Yoga guru Ramdev’s Patanjali Ayurveda has plunged 17.9 per cent to Rs 23,000 crore, from 34th to 184th place.

In the banking sector, ICICI Bank and HDFC Bank depreciated. ICICI Bank’s value fell 3.9 percent and HDFC Bank’s value fell 15 percent.

Last Updated Jun 16, 2022, 11:37 AM IST

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