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New Delhi :
Gautam Adani has been in the limelight for the past month and a half. Adani Group shares started falling after American research firm Hindenburg released its report on Gautam Adani’s company, Adani Group. However, Adani shares have been rising for the past 10 days. Shares of Adani group companies have started rising steadily. Companies are recouping their losses. At the same time, Gautam Adani’s wealth is also increasing. After the Hindenburg report, Gautam Adani’s wealth reached 31 billion dollars. Gautam Adani, once number three on the Forbes Billionaire Index, slipped to number 37, but is now making a comeback. His wealth is increasing. He has reached the 24th position in this list of rich people with 48.5 billion dollars. Gautam Adani’s wealth increased by $1.3 billion on the first trading day of the week on Monday. While Gautam Adani is making a comeback on one hand, on the other hand, the wealth of India’s richest businessman, Mukesh Ambani, is dwindling.
Ambani’s decline in the rich list
Reliance Industries chairman Mukesh Ambani’s wealth fell by $1.3 billion on Monday. According to Forbes Real Time Billionaire Index, Mukesh Ambani lost $ 1.3 billion in one fall, which is about Rs 1,06,96,76,40,000. With this loss, Mukesh Ambani has slipped from the 8th position to the 9th position on the Forbes billionaires list with a net worth of $82.1 billion.
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Shares of Reliance fell
There has been no good news from the stock market for Reliance in the last few days. After the last trading day of last week, Reliance shares saw a drop on the first trading day of the week as well. Reliance shares fell 1.65 percent to Rs 284.90 today. On the other hand, shares of Reliance fell by one and a half percent on Friday.
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The company’s market cap fell by over Rs 25,000 crore on Friday. The company’s market cap was Rs 15,71,724.26 crore on Friday, which today fell to Rs 15,45,846.27. That means today the company’s market cap has fallen by Rs 25,877.99 crore.
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