Mumbai After the report of short selling Hindenburg, Gautam Adani’s companies had taken a dive in the stock market. Due to this, Gautam Adani was out of the list of top 20 richest people in the world, but now Gautam Adani’s luck has changed again and he is back in this list of the richest people. In the latest list of the rich that has been released, Gautam Adani is at number 16. However, he is still behind Mukesh Ambani. Mukesh Ambani is at number 13 in the list of top 20 rich with assets of $90.4 billion. Let us tell you that before the Hindenburg report came, Gautam Adani had become among the top 3 rich people of the world. Adani’s companies have again created a stir in the stock market. Investors bought a lot of shares of Adani Group companies and Gautam Adani has benefited from this.
According to the latest information, Gautam Adani’s wealth has increased by $10 billion in the last week alone. Currently his net worth is $70.3 billion. The market cap of Gautam Adani’s 10 companies has also crossed Rs 13 lakh crore. In the stock market on Tuesday, the share price of Adani Enterprises increased to Rs 2805, the share price of Adani Green Energy increased to Rs 1348, the share price of Adani Energy Solutions increased to Rs 1050, the share price of Adani Total Gas increased to Rs 847.90. There was a jump of 11 to 20 percent in the prices of these shares of Adani companies. According to stock market experts, shares of Gautam Adani’s companies will perform well in the coming times.
The reason for Gautam Adani’s fortunes turning around for the better has been a comment by the Supreme Court. During the hearing on the Adani issue, Chief Justice DY Chandrachud had said that anything published in the foreign media cannot be blindly trusted. Earlier, Hindenberg had alleged in his report that Adani himself increased the share prices of his companies and his books of accounts were also not correct. Politics also heated up after this allegation. Congress had made this an issue and blamed PM Narendra Modi. Rahul Gandhi alleged during the election campaign that Modi helps Ambani and Adani, but his allegation has been reflected in the election results.