Gautam Adani of Adani Group became world's second richest person for a brief period on 16th Sept 2022

Gautam Adani surpassed Jeff Bezos and Bernard Arnault to grab the second spot with a Net worth $154.7 billion, but only for a brief period.

In last 2 and half years Gautam Adani's wealth grew more than 13 times thanks to the share prices of Adani Group which are trading at all time highs

Adani Group has paid ₹51,200 crore ($6.4 billion) to Switzerland-headquartered Holcim on Friday to acquire controlling stake in Ambuja Cement and ACC.

The inclusion of Adani Enterprises in the Nifty 50 index has made Funds to buy Adani Enterprises shares now. Inflow of $ 213 Mn is estimated in the stock

Listed companies of Adani Group has given tremendous returns to their investors in the last couple of years.

Recently, A report by CreditSights warned about 'Deeply overleveraged' position of Adani Group companies cautioning that Adani Group can spiral into debt trap and possibly default in future

Stocksbaazigar believes that Euphoria in the Adani Group stocks will end soon and stock will correct significantly. Whether you are an Investor or Trader of Adani Group: 'KEEP A STOP LOSS'