On the first day of the week, the craze of investors towards Gautam Adani Power Share increased so much that it got the upper circuit. With a rise of 20%, the stock has started a circuit at the level of Rs 126.90 today. This is its all-time high level. By the way, for the last six sessions, its shares are seeing a steady rise. The rally in the stock of Adani Power started on May 31.
On that day, its stock saw a rise of 0.60 percent and the stock closed at Rs 92.50. It has jumped up to 38 per cent in the last six trading sessions. Talking about the performance of this stock, it has given a return of about 31 percent in the last one month, 70 percent in three months and 226 percent in one year.
The company’s total income increased to 6902 crores from Rs 6327 crores in the March 2020 quarter. For the entire financial year 2020-21, the company’s net profit was 1270 crores, while in the financial year 2019-20, the company had a loss of 2274 crores. The company’s total income in the year 2020-21 was 28149 crores, which was 27841 crores in 2019-20. In the year 2021, Adani Group of Companies has performed brilliantly, due to which the wealth of Gautam Adani has increased tremendously.
He is currently the 14th richest person in the world in the Bloomberg Billionaires Index and his net worth is $77.7 billion. This year his wealth has jumped by $ 43.90 billion. This year, he is at number two in terms of property boom. Bernard Arnault is at number one and his net worth has increased by $ 57.90 billion.