The stock market is a platform where many people have made their lives. Recently a movie was released ‘Scam 1992’ was released in which the leading role Harshad Mehta said in a dialogue, “Stock market is a well of money which can quench the thirst of the whole country”. Today it seems to be true for some people.
Many people like Harshad Mehta, Rakesh Jhunjhunwala, Premji and Associates, Radhakrishnan Damani, Mukul Agarwal, and many more have made billions from the stock market. There is the majority of those people have lost everything in the stock market due to a lack of knowledge.
Today we are going to talk about the Stocks of Adani Group. These stocks are making headlines for giving considerable returns to their investors.
List of 7 Stocks of Adani Group Giving Huge Returns to Investors
1. Adani Enterprises
Adani Enterprises Ltd (AEL) is the flagship entity of the Adani Group. It is an incubator focusing on establishing diverse new businesses whose headquarter is in Ahmedabad. This company was founded by Gautambahi Shantilal Adani in 1988. Adani Enterprises was listed on the Indian stock market in 1994 and since its listing, this stock has given a 37% CAGR (Compound Annual Growth Rate). During COVID Pandemic in March 2020, its price was less than ₹130 and now in 2 years, its price has reached 2,499.40. You may assume the returns in the last two years in this stock. If someone invested ₹1,00,000 in March 2020 at a price of ₹130 then today it has become ₹1,92,1731. This stock is continuously growing and it is a good choice for making some investments.
2. Adani Transmission
Adani Transmission has become one of the largest private sector power transmission companies in India currently having 18500+ power transmission lengths and 38600+ transformation capacities. Its headquarter is in Ahmedabad. This company was founded by Gautambahi Shantilal Adani on 9 December 2013. Adani Transmission was listed on the Indian Stock market on 9 December 2013 at a price of ₹27.60 on NSE and at ₹28.35 on the BSE. Its current price is ₹2977.45. Its current CAGR in 5 years is 93%. This stock is also a good choice for investment.
3. Adani Green Energy
Adani Green Energy Ltd (AGEL) is an Indian renewable energy company owned by Adani Group and headquartered in Ahmedabad, Gujarat. The company is developing a renewable portfolio of 25 GW by 2025 through wind power, solar power, and hybrid power projects. The company is also operating Kamuthi Solar Power Project which is the largest solar photovoltaic plant in the world. In June 2018 the price of this tock was ₹26.80 and its current price is ₹2,120. Its current CAGR in 5 years is 41%. This stock is also a good choice for investment.
4. Adani Wilmar
Adani Wilmar Ltd. (AWL) is a company based on edible oil products by Adani Group headquartered in Ahmedabad, Gujarat. The company was founded in 1999 by the Adani Group. The company mainly deals in edible oil and its products are soyabean oil, palm oil, sunflower oil, rice bran oil, mustard oil, groundnut oil, cottonseed oil, blended oil, vanaspati, and specialty fats. During its listing on stock exchanges in February 2022, its price was ₹379.35 and its current price is ₹611.55. Although the company is at its initial stage and this stock is a good choice to put some amount in to get better returns.
5. Adani Total Gas
Adani Total Gas Ltd. (ATGL) is a company by Adani Group dealing in the natural gas business. This company is developing a City Gas Distribution (CGD) network to supply Piped Natural Gas (PNG) to commercial and residential. They also supply Compressed Natural Gas to the transport sector. They continuously monitor their pipeline system to ensure safe and reliable delivery of natural gas to your home. During the listing of Adani Total Gas on 5 November 2018 on the stock exchange its price was ₹79.95, its current price is ₹2,874. Its current CAGR in 5 years is 161%. This stock is also a good choice for investment.
6. Adani Ports & Special Economic Zone Ltd
Adani Ports & Special Economic Zone Ltd. (APSEZ) formally known as Mundra Port and Special Economic Zone Limited is a company owned by Adani Group. The company was incorporated on 26 May 1998 as Gujarat Adani Port Ltd (GAPL). This is India’s largest private company that owns multiple ports. This company operates and maintains port infrastructure and has linked multi-product Special Economic Zone (SEZ) at Mundra in Gujarat. During the listing of Adani Ports & Special Economic Zone Ltd. on 1 November 2007 on the stock exchange its price was ₹184.30, its current price is ₹754.25. Its current CAGR in 5 years is 15%. The company is acquiring new ports in different locations outside the country. Keep the current growth of the company its stock can boost anytime. So Adani Ports stock is also a good choice for investment.
7. Adani Power
Adani Power Ltd. is Indian power and energy company owned by Adani Group with head office at Khodiyar in Ahmedabad, Gujarat. The company’s main aim is to ensure energy security with thermal and solar power plants across the country. Currently, the company has a 12,450 MW power generation capacity. Adani Power also operates a mega solar power plant having a capacity of 40 MW at Naliya, Bitta, Kutch, Gujarat. During the listing of Adani Power on 21 August 2009 on the stock exchange its price was ₹104.65, its current price is ₹291. Its current CAGR in 5 years is 55%. Adani Power stock is also a good choice for investment.
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I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.