Tag: sharply

  • Lindsey Graham met with Saudi Crown Prince Mohammed bin Salman, a figure he previously sharply criticized, and called for the U.S.-Saudi relationship to go to “the next level.”  

    Lindsey Graham met with Saudi Crown Prince Mohammed bin Salman, a figure he previously sharply criticized, and called for the U.S.-Saudi relationship to go to “the next level.”  

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    Sen. Lindsey Graham previously leveled harsh criticism over the killing of Jamal Khashoggi.

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    #Lindsey #Graham #met #Saudi #Crown #Prince #Mohammed #bin #Salman #figure #previously #sharply #criticizedand #called #fortheU.S.Saudi #relationship #tothe #level
    ( With inputs from : www.politico.com )

  • From loser to top winner: Adani’s net worth spikes as stocks rise sharply

    From loser to top winner: Adani’s net worth spikes as stocks rise sharply

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    Gautam Adani once again began climbing up on the world’s billionaire list as his net worth spiked following the sharp rise in his companies’ stocks. Today, he emerged as the top winner on the world’s rich list.

    The businessman who recently slipped out of the world’s top 35 billionaires list is currently at the 32nd spot. His current net worth is USD 37 billion.

    As of now, all of the Adani Group stocks are trading in green. The highest surge is seen in Adani Enterprises shares which are up by over 12 percent.

    All Adani Group companies’ stocks trade in green

    The stocks of Adani Group companies that were bleeding for the past few days due to the Hindenburg research report are now witnessing a reversal as all of them are trading in green.

    Apart from Adani Enterprises, Adani Green, Adani Power, Adani Transmission, and NDTV stocks are seeing a more than four percent hike.

    The stocks of other Adani Companies such as Adani Ports, ACC, Ambuja Cements, Adani Total Gas Limited are also trading in green.

    Adani Total Gas shares rise

    Adani Total Gas stocks that were locked in its lower circuit in the past 23 out of 24 sessions are finally trading in green.

    It was the most hardly hit company following the report against the Adani group. Till yesterday, it lost 82.5 percent in 24 sessions.

    After being locked in its lower circuit for many sessions, today it is trading in green. It jumped by over three percent.

    photo1677648446
    Stocks of Adani Group companies at 11 am today

    From top loser to winner in the billionaire list

    Adani who has emerged as the top loser sees rise in net worth today. In one day today, his net worth surged by USD 2.2 billion.

    Today’s top five winners

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Gautam Adani37+3700+11.08India
    Mark Zuckerberg62.8+3090+3.09US
    Ma Huateng38.4+1300+3.49China
    Andrew Forrest20.3+991+5.13Australia
    Robin Zeng34+944+2.86Hong Kong

    Today’s top five losers

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Bernard Arnault206-1500-0.7France
    Mukesh Ambani82.9-1200-1.46India
    Elon Musk196.5-1200-0.63US
    Larry Ellison112.3-692-0.61US
    Mikhail Fridman13.5-639-4.52Russia

    Reason for rebound in Adani group stock prices

    Adani Group’s stocks rebounded on Tuesday after reports surfaced that Gautam Adani plans to repay or prepay share-backed loans worth USD 690 million to USD 790 million by the end of March.

    The move aims to improve the conglomerate’s credit profile.

    Earlier, despite the group’s denial of all allegations made by Hindenburg Research, a massive dip in stocks’ values was witnessed.

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    #loser #top #winner #Adanis #net #worth #spikes #stocks #rise #sharply

    ( With inputs from www.siasat.com )

  • Adani’s net worth improves as stocks of his firms rebound sharply today

    Adani’s net worth improves as stocks of his firms rebound sharply today

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    Mumbai: Gautam Adani’s net worth soared as his firm’s stocks rebounded, placing him back on the list of the world’s top 35 billionaires.

    On Tuesday, all Adani stocks except two were trading positively, with Adani Enterprises surging by over 14 percent, and Adani Green, Adani Ports, Adani Power, and NDTV surging by around 5 percent.

    Four Adani stocks lock in upper circuit

    NDTV, Adani Power, Adani Port, and Adani Green were locked in their upper circuits at 3:30 pm today, while ACC, Ambuja Cement, and Adani Ports stocks were in the green, resulting in an improvement in Adani’s net worth.

    Adani Transmission and Adani Total Gas, on the other hand, remained locked in their lower circuits.

    Adani Feb28
    Stocks of Adani Group companies at 3:30 pm today

    Net worth of Adani

    Adani’s global billionaire ranking improved due to a USD 98 million increase in net worth, placing him at 33rd on the list with a total net worth of USD 35.4 billion.

    Till yesterday, the Hindenburg Effect caused a considerable decline in Gautam Adani’s net worth, which was USD 134.2 billion on December 13, 2022.

    Reason for rebound in Adani group stock prices

    Adani Group’s stocks rebounded on Tuesday after reports surfaced that Gautam Adani plans to repay or prepay share-backed loans worth USD 690 million to USD 790 million by the end of March.

    The move aims to improve the conglomerate’s credit profile.

    Earlier, despite the group’s denial of all allegations made by Hindenburg Research, a massive dip in stocks’ values was witnessed.

    Mukesh Ambani continues to be India’s richest person

    The falling stocks of Adani Group firms have widened the gap between Gautam Adani’s and Reliance Industries Limited (RIL) chairman Mukesh Ambani’s net worths in recent days.

    At present, Ambani’s net worth is more than twice that of Adani’s. Ambani has reclaimed his title as India’s wealthiest person as of February 1, being the only Indian in the world’s top billionaire list.

    Currently, he is ranked 8th on the global billionaire list, with a net worth of USD 82.7 billion.

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    #Adanis #net #worth #improves #stocks #firms #rebound #sharply #today

    ( With inputs from www.siasat.com )