- Date : 01/08/2022
- Read: 3 mins
4 Adani stocks shine on the bourses.
This year has been volatile for the stock markets. The returns this year have been below par. But Adani Group stocks seem to be on a dream run, propelling him to the fourth position on the list of richest businessmen as per Forbes. Per the Forbes ranking, his net worth stands at $120 Billion. He is below Elon Musk, Bernard Arnault & family and Jeff Bezos. He is ahead of Mukesh Ambani, who is ranked at 11th position with a net worth of $91 Billion.
So, Adani stocks have made wealth for the investors as well. Here we bring the top Adani stocks listed on the stock markets. The best-performing stocks are Adani Power, Adani Transmission, Adani Gas and Adani Green.
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Returns of Adani Group stocks
Adani Power has given a return of 226% in the last year. The 5-year returns on the stock stand at 850%. The YTD return is also more than 200%. The 52-week low of the stock is Rs 70.35, and the 52-week high is Rs 344.50. The current market price of the stock as per 29th July closing is Rs 312.80. This means that the stock is almost 5 times from the 52-week low. If you had invested in the stock, you would have had good returns.
Adani Transmission has given returns of 250% in the last year. The 5-year returns of the stock are a staggering 2428%. The YTD returns are 80% for the stock. The 52-week low of the stock is Rs 885, and the 52-week high is Rs 3137.95. The current market price of the stock as per 29th July closing is Rs 3130. The stock is trading at almost 4 times its 52-week low price.
Adani Gas has given returns of 252% in the last year. The 5-year returns of the stock are 773%. The YTD returns are 80.35% for the stock. The 52-week low of the stock is Rs 843, and the 52-week high is Rs 3158. The current market price of the stock as per 29th July closing is Rs 3145.
Adani Green has given returns of 145% in the last year. The 5-year returns of the stock are a massive 7241%. The YTD returns are 60.52% for the stock. The 52-week low of the stock is Rs 874.8, and the 52-week high is Rs 3050. The current market price of the stock as per 29th July closing is Rs 2162. This stock is still a good 30% from the 52-week high price. The remaining Adani stocks seem to have been hitting all-time highs.
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Adani stocks have been the favourite for investors, with staggering returns in the last couple of years. The stocks like Adani Power, Adani Transmission, Adani Gas and Adani Green have created wealth for the investors, and if you owned any stock, you would be a satisfied investor. The wealth created by Adani Group stocks has made Gautam Adani the fourth richest person as per the Forbes ranking.
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