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Since the start of the year 2022, the share price of electric utility company, Adani Power, has increased by a whopping 145%, while most of the profits, around 90%, came in previous months. The merging of the subsidiaries like Adani power Rajasthan, Adani power Mundra, etc., and the acquisition of Essar Power MP is one of the many reasons for the soaring of the stock price. The company also received Rs.3,000 crores in past dues from 3 Rajasthan Discoms, which is also one of the factors influencing the whopping rise of its stock price.
Adani Wilmar is another stock from the Adani group of stocks that is making the headlines in the stock market. Since its listing, the stock price of Adani Wilmar has increased and rallied by over 130%. The increase in the stock is justified as there's a massive supply production of palm, soybean, and sunflower oil due to the Russia-Ukraine War. Moreover, Indonesia banned the export of oil production, thus leading to the soaring of its stock price.
Adani Green Energy is the next big gamer in the rallying of stock price among the Adani group of stocks. The shareholders of this stock have been getting annual returns of over 87% in the recent past years. Those people who have invested in the stock in January 2022 also see a good amount of return rolling in. In the year 2022, Adani Green Energy is up 69% and is one of the most successful and best-performing stocks since the March 2020 market crash, thus giving profits of around 1,459% in just two years.
Adani Total Gas stock prices have been up by over 60% since 2022 and is soaring high by over 110% in the year gone by. The recent increase in the stock price can be justified by the company's foray into the electric mobility infrastructure. Moving forward, the company is planning to increase its geographical footprint rapidly. However, setting up these gas pipelines would require heavy amounts of debts and loans, which could increase the book's burden and can negatively impact the price of this stock.
Shares of Adani Transmission rallied annually after it announced a fundraising program. The already soaring shares of Adani Transmission could see some action in the stock market after this news. Over the year gone by, shares of Adani Transmission are up 124%, while in 2022 alone, the shares are raised by 44%.
Adani Ports' share price is up by 17% in 2022, and it is constantly trading as it was trading a year ago. Adani Ports sees support from the increase in commodity prices worldwide. Due to the increase in prices, the overall transaction costs have increase, which is in favour of Adani Ports.
Adani Enterprises, which is the incubator of establishing diverse new businesses, has had a very decent performance to show up this year. Talking of the year 2022 only, the shares of Adani Enterprises have gone up around 27%. One of the major factors influencing the stock price could be its subsidiaries companies doing well on the stock markets. The flagship company of the Adani Group is aiming to make capital expenditures of more than fifty thousand crores India rupees over the next few years in energy, airports, and road sectors.
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Who is the most successful Formula 1 driver based on statistics, then answer is very simple. Lewis Hamilton tops the chart with 103 race win and seven championship titles. However if you want to know who is the greatest F1 driver of all time, then it really gets a difficult issue to pin down because the car is more important..read more
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