Adani Group now third-largest in market cap
The day after the market capitalization of Adani Power reached Rs 1 trillion
Adani Wilmar, the newest member from the group, joined the club
the shares of the edible oil producer have surged three-and-a-half-fold since its February listing.
The group has overtaken HDFC Group in market capitalisation.
combined market capitalisation of Adani Group pole-vaulted to Rs 17.26 trillion
Bloomberg data showed that Rs 4 trillion more than the HDFC Group at Tuesday's closure.
Tata Group still holds the Number One slot with Rs 22.87-trillion market cap
The companies of the Mukesh Ambani group are second with a total market value of Rs 19.16 trillion
The latest feat of Adani Wilmar The Adani Group dominates the list of the top 50 companies by market capitalization
all the seven listed firms from the group are now featured on the top 50 list
Tata group has four companies in the league whereas Bajaj, Aditya Birla and HDFC groups boast of three companies each
JP Morgan, which initiated coverage on Adani Wilmar with a “Neutral” rating
According to Forbes estimates, the net worth of 59-year-old Gautam Adani soared to $123.7 billion
Warren Buffett’s net worth stood at $121.7 billion.
Gautam Adani’s fortune, surpassing legendary investor Warren Buffett to become the world’s fifth-richest person