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#AdaniGroup, a conglomerate based out of Ahmadabad was found by Gautam Adani in 1988 with the name of 'Adani Enterprise' (NSE: #ADANIENT). Today, the group does all the businesses one can think of, be it B2B, or B2C.
The group in 2021 stood with Tatas and Ambanis at US$100 bn.
The Adani group saw its glory post COVID 19, when the wealth was quadrupled (261%) in a span of two years or so. The figure alone was US$72.5 billion in 2022.
Very recently, the group has acquired cement giants 'Ambuja Cement (NSE: AMBUJACEM).
It is to no surprise that in 2 years, the flagship #AdaniEnterprises (NSE: ADANIENT) soared almost 3500%. Rest the others, which too saw a great leap forward.
Indian insurance lifeline LIC (NSE: LICI) has also an investment of almost 8% of its AUM ( Assets Under Management).
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