The value of Gautam Adani’s holdings in Adani Group companies soared $112 billion in the past two years, the highest among all billionaires in the world. His wealth has jumped 365% in the previous two years from $30.7 billion to $142.7 billion, pushing up his rank in the global billionaires’ list from 40th to the 3rd spot during this period.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of