Adani Group / Adani's company Adani Port and SEZ made a record, tripled its money in 10 months!

Adani Group: Who can forget the Hindenburg fire, which completely destroyed Adani's shares. Many investors had lost their money. The shares of the companies were halved in 10 days. No one believed that this group and its companies would stand up again. Hindenburg's report came on 24th January and by 3rd February the shares had gone towards the abyss. 10 months have passed since this happened. The group is not only standing but is also moving forward. If the situation continues like this then the flood will start filling up in a few days.

On the other hand, there is one company of Adani Group which never gave up. After the report came, the company's shares fell by about 50 percent, but on May 24, the company's shares stood at the same place where they were on January 24. Now December has started. The company's shares have risen 175 percent in 10 months. This means that if an investor had bought shares at the lower level of February 3, then the value of his shares would have increased by 174 percent i.e. almost three times. Yes, that company or rather that share is of Adani Port and SEZ. Which reached their respective record highs on Wednesday. Let us also tell you how the company almost tripled your money in 10 months.

Prices were at lower level on 3 February

On February 3, Adani Port's stock was at its 52-week low. That day was Friday. No one expected that the company's stock would fall so low in just 10 days. According to the data, the company's shares closed at Rs 760.85 on January 24. After that, by February 3, the company's shares had seen a decline of more than 48 percent. During the trading session on February 3, the company's shares were at a record low of 52 weeks at Rs 394.95. Now you must have understood in what trough the shares of the company would have gone.

It was equal in four months

After that, Rajiv Jain's GQG company started investing in Adani shares. Adani Port benefited the most from this investment. A good rise was seen in the shares of Adani Port. On May 23, the company's shares were standing at the same place where they were on January 24. On May 23, the company's shares had reached the day's high of Rs 785.95. This means that the company's shares had almost doubled from the lower level of February 3. After that the company did not look back.

Journey from june to november

From June to November, the company's shares remained above Rs 700 and below Rs 900. This means that there was not much movement in the shares of the company for 6 months. Even till December 4, the company's shares had not crossed the level of Rs 900. There was no loss in the company's shares in these 6 months. Even investors had benefited during that period. Even if that profit is very little.

Took a big leap in December

Adani's shares have made a huge jump in the month of December. On November 30, the company's shares closed at Rs 825.50. Today the company's shares reached a record Rs 1,082.95. This means that the company's shares have seen a rise of more than 31 percent during this period. At the same time, an increase of Rs 55,612.78 crore has been seen in the market cap of the company. When the company's shares reached record today, the market cap had come to Rs 2,33,932.24 crore. The market cap of the company on November 30 was Rs 178319.46 crore. When the market closed today, the market cap of the company was Rs 2,20,042.55 crore.

How many became one lakh in 10 months?

If an investor had invested Rs 1 lakh at the lower level of Rs 394.95 on February 3, he would have got 253 shares. If the investor had not sold his shares, the value of those shares would have been Rs 2,74,199 with a high of Rs 1,082.95. This means that investors' money would have almost tripled.