Kovid increased abruptly during the year
The wealth of the seven Kuberas
Gautam is the highest .. Mukesh is behind that
If anyone has good money, they are called Tatabirs. From now on, Ambani will be called Adani. This is how the wealth of Gautam Adani and Mukesh Ambani has increased over the years. Adani-Ambani’s wealth has already increased by more than Rs 1 lakh crore compared to the end of December 2019, according to the English newspaper ET. Domestically, the wealth of the seven Kuberas grew by about Rs 4,73,000 crore ($ 64 billion) during the year when Kovid spread. Wealth value of Cyrus Poonawala (Serum Institute), Shiv Nadar (HCL Technologies), Azim Premji (Wipro), Radhakishan Damani (Demart), Dilip Sanghvi (Sun Pharma) has grown significantly. Although the stock market was in a state of turmoil at one stage in the wake of the corona developments, it is known that the indices have rebounded and reached record levels since then. The Sensex is up 11.5 per cent year-on-year. Shares of these seven companies outperformed the Sensex. This is the main reason behind the increase in their wealth.
* Adani Green Energy’s 525 per cent rise has played a key role in the growth of Gautam Adani’s wealth. The value of Adani Green Energy market as on December 31, 2019 was Rs 26,040 crore. As on December 12, 2020, the value had reached Rs 1.63 lakh crore. Adani Gas rose 120%, Adani Enterprises 116%, Adani Transmission 28% and Adani Ports & SEZ 27%. Adani Power, however, lost 27.91 per cent.
* Mukesh Ambani’s 6 companies are listed on the stock exchange .. Reliance Industries share can be said to have played a major role in the huge increase in his wealth. The market value of RIL stood at Rs 9.59 lakh crore at the end of December 31, 2019. By December 12, 2020, it had risen to Rs 13.56 lakh crore. The other five companies owned by Mukesh are Hathaway Bhavani CableTel and Datacom 468%, Hathway Cable & Datacom 72.38%, Network 18 Media and Investment 49%, Den Networks 42% and Reliance Industrial Infrastructure 37%.
* Shivnadar-based HCL Technologies has gained 52 per cent so far this year. Azim Premji Wipro has risen 43.82 per cent. Radhakishan Damani-owned Avenue Supermarkets gained 40.77% and Dilip Sanghvi Sun Pharma gained 31%.