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The shares of all the 10 companies of Adani Group rose today i.e. on 5th May. Adani Total Gas stock rose by Rs 67.15 (11.20%). At the same time, the stock of the group’s flagship company Adani Enterprises rose by Rs 170.80 (7.44%) to close at Rs 2,465. According to experts, this rise in the shares of Adani Group companies is being seen due to good quarterly results, improvement in global sentiments and boom in domestic markets. Adani Ports profit increased by 21%
According to the recently released results, Adani Ports and Special Economic Zone (SEZ) has earned a total of Rs 8,770 crore in the fourth quarter of FY 2024-25 (Q4FY25). This is 21.81% more than last year. In the same quarter last year, the company had earned Rs 7,200 crore. At the same time, the company made a net profit of Rs 3,014 crore. On an annual basis (January-March 2024), it was 47.74% more. At the same time, it has increased by 20% as compared to the previous quarter i.e. October-December. Gautam Adani is the second richest person in Asia
Adani Group Chairman Gautam Adani is the second richest person in Asia. According to Forbes, his net worth is Rs 5.59 lakh crore. He is at number 23 in the list of the world’s rich. At the same time, Reliance Group Chairman Mukesh Ambani is Asia’s richest person with a net worth of Rs 9.12 crore. Sensex closed 295 points higher at 80,797
The stock market was bullish today i.e. on May 5. The Sensex closed 295 points higher at 80,797. Nifty also gained 114 points, it closed at 24,461. Out of 30 Sensex stocks, 20 saw a rise.
