Adani Group is a well-known Indian multinational corporation company headquartered in Ahmedabad. The group is led by India’s famous billionaire and industrialist, Gautam Adani. The conglomerate was founded in 1988 as a commodity trading business and is today available in 70+ locations in more than 50 countries.
All Things You Need to Know About Adani Group
The Adani Group started its operations with its flagship company, Adani Enterprises, popularly known as Adani Exports. However, today it has extensively diversified its portfolio of companies with businesses in natural gas, renewable energy, food processing, mining, infrastructure, and electric power generation. The group currently has a workforce of more than 23,000+ employees.
In April 2021, the Adani Group became the third Indian multinational company to cross a market capitalisation of US$200 Billion, and recently in April 2022, it achieved a market capitalisation of US$215 Billion. The shares of the Adani Group companies are traded in high volumes, and its investor base has grown by around 800% in the last five years.
Adani Group Companies You Can Look Forward to Investing
There are many companies in the Adani Group, and it can be mind-boggling for you as an investor to choose the ones for investing while using a stock market app. Below, we have listed the top 3 companies of the Adani Group in which you can consider putting your hard-earned money:
Adani Green Energy
Adani Green Energy recently came to be known as one of the top-10 most valuable Indian companies. Since the beginning of the Covid-19 pandemic, Adani Green Energy’s share price has been on a constant rise trend. The current Adani Green Energy Share Price is INR 1,901 (as of July 2022) and features a staggering 3-year return of 271.22%.
Adani Ports and SEZ
Adani Ports and Special Economic Zone (SEZ) Ltd is the country’s largest logistic and integrated port company. It features a 3-year return of 24.99%, and the current Adani Ports and SEZ Share Price is INR 677 (as of July 2022 2022).
Adani Power
Adani Power is India’s largest private power company, with a power generation capacity of 12,450 MW. It is committed to contributing to today’s country’s skill development efforts and global sustainability. Over the last three years, the shareholders of Adani Power have almost doubled their investment with a return of 91.48%. The current Adani Power Share Price is INR 270 (July 2022 2022).
Conclusion
All the companies that exist in the Adani Group portfolio have been rising in the stock market for quite some time now, and the future of these stocks is expected to be bright also. Therefore, if you are also considering sailing into the Adani ship of success in a stock market app, you can consider investing in the aforementioned shares if they meet your investment preferences and risk appetite.
