On the completion of 60 years of Gautam Adani, Adani Group’s top-5 multibagger stock, gave hundreds of times returns to investors

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Mumbai . Indian billionaire and Asia’s richest person Gautam Adani has turned 60 today. Adani is ranked 8th in the Bloomberg Billionaires Index along with billionaires like Elon Musk, Jeff Bezos, Bill Gates, Warren Buffett, Mark Zuckerberg with a net worth of around $92.7 billion. With a sharp rise in the market cap of the listed companies of the Adani Group, he entered the club of top 10 billionaires.

Gautam Adani-led Adani Group started in the year 1988 as a small agro trading firm. Today the group spans coal trading, mining, logistics, power generation, distribution and, more recently, green energy, airports, data centers and the cement sector.

Here we are giving a list of 6 Adani stocks that have given great multibagger returns to their shareholders in the last 10 years.

Adani Enterprises: The current market cap of this share of Adani Group is Rs 2.41 lakh crore. In 2022, the share price of Adani Enterprises has risen by about 25 per cent while in the past one year it has given 40 per cent return to its shareholders. In the last 5 years, this multibagger Adani stock has climbed from around ₹132 to ₹2120 levels. It has registered a growth of about 1500 percent in this period. Over the last 10 years, this multibagger Adani Group stock has grown from a level of around ₹ 9.30 to ₹ 2120 per share.

Adani Green Energy: The current market cap of this share of Adani is Rs 2.94 lakh crore. It has increased by more than 60 percent in the last one year. In the last 5 years, the share price of Adani Green has increased from around ₹26.45 to ₹1860 levels, an increase of about 6200 percent in this period. The stock was listed on the Indian stock exchanges in June 2018.

Adani Ports and SEZs: The current market cap of this share of Adani Group is Rs 1.44 lakh crore. It has given 90% return to its shareholders in the last 5 years. Over the last 10 years, the share price of Adani Ports has increased from around ₹115 to ₹680, registering a growth of nearly 500 percent in this period.

Adani Power: This Adani stock is one of the multibagger stocks in 2022. The share price of Adani Power has increased from ₹ 101 to ₹ 260, which is a jump of about 155 percent in 2022. In the last 5 years, it has given excellent returns of 765 per cent to its shareholders. Similarly, in the last 10 years, it has increased from about ₹ 45 to ₹ 260, registering a growth of about 475 percent in this period. The current market cap of this share of Adani is around ₹ 99.43 thousand crores.

Adani Wilmer: Adani Wilmar IPO was launched in January 2022 at a price band of ₹218 to ₹230 per equity share. The share price of Adani Wilmar is around ₹ 570 per share today. The current market cap of the shares of Adani Wilmar is ₹ 73.78 thousand crores.

Tags: Adani Group, business empire, Gautam Adani

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