93020 Investors following Reliance Power. Share this News with them.
0
Like this story, share it with millions of investors on M3
Value destruction: ADAG pack m-cap shrinks 32% in a month
This is turning out to be a downtrend that could significantly change the pecking order in India Inc.. Anil Dhirubhai Ambani Group (ADAG) companies have been among worst casualties of the mayhem in the market over the last one month.
This is turning out to be a downtrend that could significantly change the pecking order in India Inc.. Anil Dhirubhai Ambani Group (ADAG) companies have been among worst casualties of the mayhem in the market over the last one month.
At Friday's closing prices, the market capitalization of the ADA Group has now shrunk to Rs 57,389 crore. It is marginally higher than the market cap of Adani Enterprises, and is behind those of companies like MMTC, Hindustan Unilever, Indian Oil Corp and Wipro.
On July 26, 2011 ADAG market cap was Rs 84,718 crore.
