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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.
Board games have existed for centuries but with Covid-19 lockdowns across the globe, board games brought family members together and connected them like never before. People need to interact with others, and playing board games provide an excellent opportunity to do so. Board games not only help you spend some quality time and bonding with known and dear ones, it..read more
Most cities in Europe have an amazing landscaping and greenery to soothe your eye-sight. To all-ready visually appealing site, some cities makes it even more exquisite with stunning river-side views to spend your evenings. It is very relaxing and peaceful to sit along the riverside when the weather is pleasant. It gets even more refreshing during summers to sit beside..read more
Snacking on a fast food, has been a growing trend in India since early 80s, especially among the youngsters. Fast-forward to 90s, international burger chains like KFC, McDonald’s start setting-up their outlets in the major city. Their arrival in India, elevated Burgers as meal to a next level and their popularity and acceptance in the society have been growing since..read more
Indian cinema churns out hundreds of entertainers throughout the year, and it can be a challenge to know the top-rated movies of all time. But fret not, here is an extensive and elaborative list of the best Bollywood films that have hit the screen and ruled the box office collections in 2021. The South Indian megastar, Allu Arjun starer 'Pushpa:..read more
It’s any batter's dream to hit a home run for his team every time he steps up on the pitch. In T20 cricket, however, we seldom see players get to century mark with limited overs T20 format, since each team gets to bat for only 20 overs. While it’s a difficult task for batsmen, as they need to score at..read more
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