Adani Group Stocks On a Roll In July!
Adani Group shares had been on a roll in July, soaring up to 31% in the month. Here are key highlights from what transpired in Adani Group stocks during July.
Gautam Adani now richer than Bill Gates: Gautam Adani overtook Bill Gates to become the 4th richest person in the world, after Adani group stocks extended rally in July.
Adani Group’s entry into spectrum race: Adani Group’s entry into the telecom spectrum race boosted sentiments. Green energy push, infra capex announcement, fundraisers and rising commodity prices also aided the rally in group stocks.
Adani Enterprises to enter Nifty: Adani Enterprises is likely to enter Nifty 50 after September 30th, replacing Shree Cement.
Adani Group NBFC IPO coming soon: Adani-backed NBFC Adani Capital is planning to raise Rs 1,500 cr through IPO in 2024. In Feb this year, Adani Wilmar had raised Rs 3,600 cr through its IPO.
What is Gautam Adani’s net worth?
Gautam Adani overtook Microsoft co-founder Bill Gates to become the world’s fourth richest person, according to Forbes' Real-Time Billionaires list. Adani is worth $115.7 billion and Gates $104.6 billion.
Which Adani Group stock may enter the Nifty soon?
Adani Enterprises is likely to enter Nifty 50 after September 30th, replacing Shree Cement.
Any upcoming IPO from Adani Group?
Adani-backed NBFC Adani Capital is planning to raise Rs 1,500 cr through IPO in 2024. In Feb this year, Adani Wilmar had raised Rs 3,600 cr through its IPO.