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MOTILAL OSWAL CLAIMS THAT ADANI ENTERPRISES IS THE BEST ALL-AROUND WEALTH CREATOR FOR THE SECOND CONSECUTIVE YEAR

According to a report by Motilal Oswal Financial Services, despite the Adani scandal controversy, Adani Enterprises Ltd. was the best all-around wealth creator during the five years from 2018 to 2023, while Reliance Industries Ltd. was the most significant wealth creator.

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MOTILAL OSWAL CLAIMS THAT ADANI ENTERPRISES IS THE BEST ALL-AROUND WEALTH CREATOR FOR THE SECOND CONSECUTIVE YEAR

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  1. MOTILAL OSWAL CLAIMS THAT ADANI ENTERPRISES IS THE BEST ALL-AROUND WEALTH CREATOR FOR THE SECOND CONSECUTIVE YEAR

  2. According to a report by Motilal Oswal Financial Services, despite the Adani scandal controversy, Adani Enterprises Ltd. was the best all-around wealth creator during the five years from 2018 to 2023, while Reliance Industries Ltd. was the most significant wealth creator.

  3. The disclosure and rumours of the Adani scandal caused a steep decline in the Adani Group’s stock, wiping off almost $100 billion from Gautam Adani’s publicly traded business. Adani Enterprises saw an almost 75% decline from its top in February of Rs. 1,017.10 to Rs. 4,189.55. But since then, the stock has gained around 200% of its previous value.

  4. ADANI ENTERPRISES- THE SECOND FASTEST GROWING CATEGORY With a 5-year price compound annual growth rate of 78%, Adani Enterprises is second in the fastest-growing category. It has added almost Rs 1.75 crore in the allotted time, placing it in ninth place in the most significant wealth generator category. In terms of consistency, it comes in at number five, having outperformed the BSE Sensex for four of the preceding five years.

  5. Adani Enterprises is still a significant source of wealth creation for investors, even in the face of challenges brought on by the Adani scandal earlier this year.

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