While sentiment around Adani Group stocks remains weak, the fresh rally indicates that the investors are regaining confidence about the conglomerate's debt repayment plans and strong underlying assets.
According to Forbes real-time billionaire list, Ambani is the sixth richest in the world with an overall net worth of $103.20 billion. On the other hand, Gautam Adani is the seventh richest with Rs 101.1 billion of net worth.
The three funds together hold 6.82 per cent in Adani Enterprises, 8.03 per cent in Adani Transmission, 5.92 per cent in Adani Total Gas, and 3.58 per cent in Adani Green