One Year After Hindenburg Report, Where Do Gautam Adani's Net Worth & Adani Group Stocks Stand?
Its been one year since Hindenburg research¡¯s report rattled the Adani group and its stocks. Not only did all of Adani group stocks suffer a bloodbath for many months, but even the networth of Gautam Adani suffered a big crash, making him fall from the position of world¡¯s third richest person to out of the top 20 list.
It's been one year since Hindenburg research¡¯s report rattled the Adani group and its stocks. Not only did all of Adani group stocks suffer a bloodbath for many months, but even the networth of Gautam Adani suffered a big crash, making him fall from the position of world¡¯s third richest person to out of the top 20 list.
But now, after one whole rollercoaster year, where do Adani group stocks stand? Have all of them recovered from the bloodbath caused by the Hindenburg report¡¯s allegations? Let's find out.
Where Does Adani Group Stocks Stand, 1 Year After Hindenburg Report?
adani stocks hindenburg one year/indiatimes
1.Adani Total Gas-Down 72.7%
2.Adani Energy Solutions-Up 17.6%
3.Adani Wilmar-Down 35.3%
4.Adani Enterprises-Down 16.8%
5.Adani Green Energy-Down 11.3%
6.Adani Ports & Special Economic Zone-Up 56.5%
7.Adani Power-Up 101.1%
8.Adani Transmission-Down 0.29%
9.ACC-Up 5.3%
10.NDTV-Down 1.5%
11.Ambuja Cements-Up 16.04%
Which Stocks Are The Biggest Losers & Gainers?
adani hindenburg report/indiatimes
The data mentioned above clearly indicates that Adani Total Gas has been the biggest loser among the Adani group stocks, being still down more than 75% despite one year passing by since Hindenburg research's report came out. On the other hand, Adani Power is the biggest gainer, being more than 100% up in last one year since the short seller's report began the bloodbath.
NEW FROM US:
¡ª Hindenburg Research (@HindenburgRes) January 25, 2023
Adani Group ¨C How The World¡¯s 3rd Richest Man Is Pulling The Largest Con In Corporate Historyhttps://t.co/JkZFt60V7f
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Also Read: List Of All Companies That Come Under Adani Group
What About Gautam Adani¡¯s Net Worth One Year After Hindenburg Report?
Networth of Gautam Adani/Reuters
Right before the Hindenburg report came out on January 24th 2023, Gautam Adani was India as well as Asia's richest person, and also enjoyed the title of world's third richest person. Gautam Adani had a networth of about $120 billion when Hindenburg report came out. And now one year later, Adani's net worth stands at $90 billion, placing him at 14th position on the richest list (Bloomberg billionaire index). His net worth had plunged to about $37 billion soon after the report began a bloodbath in Adani group stocks.
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