Adani Group’s five stocks turned multi-baggers from 52-week low, rose up to 335%

1. Adani Group’s five stocks turned multi-baggers from 52-week low, rose up to 335%

2. Investors have lately shown a lot of enthusiasm for purchasing Adani Group stocks. Half of the Group’s equities became multi-baggers, while Adani’s stock price surged as much as 60%. The Group run by Gautam Adani has had its most excellent week since the public release of the devastating Hindenburg Report Adani. US-based short seller Hindenburg Research has accused the Gautam Adani-led Group of accounting fraud and malpractice. The claim caused a quick drop in Adani Group shares, sending the cash market counter down for a month. Nevertheless, things have changed recently. In the aftermath of the Hindenburg Report Adani, the Adani Group’s stock has performed best for Adani Power Ltd. Since its 52-week Low of Rs. 132.55 on February 28th, the utility arm of Gautam Adani’s business has soared by over 335%. On Wednesday, the stock reached fresh all-time highs of Rs. 589.30. On Thursday, the stock was trading at roughly Rs. 575, with a market capitalization of Rs. 2.2 lakh crore.

3. Adani Ports Sets Sail to New Highs: 175% Gain Propels Nation’s Leading Port Services Provider Adani Green Energy Limited’s share price has increased by about 290% from its 52-week Low of Rs. 439.35. With a market worth of around Rs. 2.6 lakh crore, the stock reached Rs. 1,699.40 on Thursday. Similarly, Adani Ports and Special Economic Zone Ltd. has achieved unprecedented success. Following a 175 percent increase from its 52-week Low of Rs. 394.95, the biggest port services provider in the nation reached a new all-time high of Rs. 1,082.95 on Wednesday (13th Dec’ 23). The firm was valued at a total of 2.27 lakh crore rupees. Since hitting a 52-week low of Rs. 1,017.10, investors in Adani Enterprises Ltd., the parent firm of the Adani Group, have seen a return on their investment of around 200 percent. The company has a market worth of 3.35 lakh crore rupees and is currently trading at around Rs. 3,000 per share.

4. Unfolding Market Dynamics: Ambuja Cements, ACC, NDTV Struggle to Recover, Lag Behind Multi-Bagger Status Another company that becomes multi-bagger after the Hindenburg Report Adani is Adani Total Gas Limited. On Thursday, the stock price reached Rs. 1159, bringing the entire market value to Rs. 1.3 lakh crore, an 11% jump from its 52-week Low of Rs. 521.95. With a gain of 97% from its 52-week Low of Rs. 630, Adani Energy Solutions Ltd. is almost ready to become a multi-bagger company. On Thursday, Adani Energy, formerly known as Adani Transmission, crossed the Rs. 1,240 mark. Despite a 42% increase from its 52-week Low of Rs. 285.85, Adani Wilmar has likewise yet to become a multi-bagger. Ambuja Cements, ACC, and New Delhi Television (NDTV) are among the purchased firms that have not been able to recover from their 52-week lows and become multi-baggers. After hitting 52-week lows, they have risen 61%, 32%, and 80%, respectively.

5. Unfolding Market Dynamics: Ambuja Cements, ACC, NDTV Struggle to Recover, Lag Behind Multi-Bagger Status Adani Group’s strategic vision, solid fundamentals, and effective execution of growth plans are the reasons for the extraordinary performance of the conglomerate’s equities, according to financial analysts. “The resilience and adaptability of its business model is showcased by Adani Group’s ability to turn around and deliver multi-bagger returns,” remarks a top financial expert. “Investors have been drawn to the Group’s diverse portfolio and its leadership’s strategic decisions, resulting in significant wealth creation.” The rising stock price of the Adani Group has drawn attention from individuals all around the world. The multinational corporation is becoming more and more well-known across the globe due to their wise investments, particularly in infrastructure and renewable energy.