Wednesday, May 14, 2014

Ambani, Adani gained most from stocks 

 

MODI EFFECT Banking stocks also rose smartly on expectations of a BJP election victory and economic revival

RELIANCE SHARES HAVE RISEN 9.2% SINCE FRIDAY, AND THE SHARES OF THE THREE LISTED ADANI GROUP COMPANIES EVEN MORE
From page 1 MUMBAI: Reliance Industries chairman and managing director Mukesh Ambani and Adani Group promoter Gautam Adani are the two biggest beneficiaries of the rally in the stock markets since Friday.

 

However, if the ` 1,062-crore value of the 3.73% shareholding of Petroleum Trust, that forms part of the promoter group but doesn’t belong to the Ambani family, is taken into account, the rise in the promoter group’s net worth is lower at ` 11,836 crore.
Raj gaurav
PGDM,1st Year
Source:-hindustan times

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