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Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts.
The group’s flagship
Adani Transmission Ltd. may get included in MSCI Inc.’s country benchmark after the index provider’s semi-annual review of its gauges in May, according to broker
Edelweiss Financial Services Ltd. and independent research provider Smartkarma. Adani Green Energy Ltd. and Adani Ports & Special Economic Zone Ltd. are already there.
The potential inclusions are seen further boosting wealth for Adani, who has added $20.2 billion to his net worth this year, the second-biggest increase among the world’s billionaires. The tycoon who started out as a commodities trader in the late 1980s has diversified from mines, ports and power plants into airports, data centers and defense. The rally in stocks shows investors have rewar
Apr 15 2021, 2:17 PM
April 15 2021, 5:57 AM
April 15 2021, 2:17 PM
(Bloomberg) Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts.
(Bloomberg) Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts.
The groupâs flagship Adani Enterprises Ltd., gas supplier Adani Total Gas Ltd. and power distributor Adani Transmission Ltd. may get included in MSCI Inc.âs country benchmark after the index providerâs semi-annual review of its gauges in May, according to broker Edelweiss Financial Services Ltd. and independent research provider Smartkarma. Adani Green Energy Ltd. and Adani Ports & Special Economic Zone Ltd. are already there.
Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts. The group’s flagship Adani Enterprises Ltd., gas supplier Adani Total Gas Ltd. and power distributor Adani Transmission Ltd. may get included in MSCI Inc.’s country benchmark after the index provider’s semi-annual review of its gauges in May, according to broker Edelweiss Financial Services Ltd. and independent research provider Smartkarma. Adani Green Energy Ltd. and Adani Ports & Special Economic Zone Ltd. are already there.
Billionaire Adani may win three more slots on MSCI India Index
Bloomberg
April 15 |
Updated on
April 15, 2021
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Adani has added $20.2 billion to his net worth this year, the second-biggest increase among the world’s billionaires Billionaire Gautam Adani is likely to see three more companies from his coal mining-to-data centers conglomerate join the MSCI India Index after shares in each one of them more than doubled this year, according to analysts.
The group’s flagship Adani Enterprises Ltd., gas supplier Adani Total Gas Ltd and power distributor Adani Transmission Ltd may get included in MSCI Inc.’s country benchmark after the index provider’s semi-annual review of its gauges in May, according to broker Edelweiss Financial Services Ltd and independent research provider Smartkarma. Adani Green Energy Ltd and Adani Ports & Special Economic Zone Ltd are already there.
Adani Transmission Ltd, Oriental Carbon & Chemicals Ltd, Edelweiss Financial Services Ltd and Vodafone Idea Ltd are among the other losers in the BSE s A group today, 08 April 2021.
Adani Transmission Ltd, Oriental Carbon & Chemicals Ltd, Edelweiss Financial Services Ltd and Vodafone Idea Ltd are among the other losers in the BSE s A group today, 08 April 2021.
Adani Total Gas Ltd crashed 9.87% to Rs 993.9 at 14:49 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 2.52 lakh shares were traded on the counter so far as against the average daily volumes of 2.55 lakh shares in the past one month.