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Ambani and Adani valuations soar as Tatas and Birlas see major declines in the first half of 2022

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  • Mukesh Ambani and Gautam Adani have gone from strength to strength, adding billions of dollars to their personal wealth, even as markets correct for recession and inflation concerns.
  • What’s interesting is that they are the only ones of the big business families to win this year, while the old money families like Tatas and Birlas have gone down.
  • This is how the Ambanis, Adanis, Tatas, Birlas and other major business houses of India fared for the first six months of 2022.

The stars of Mukesh Ambani and Gautam Adani continue to shine even as the markets plunge by double digits in the first six months of 2022. Most of the old money affairs of Tatas, Birlas, Mahindras and others saw an even greater decline in the same period.

The benchmark Nifty 50 and Sensex are down more than 11% so far this year. While this may seem like a big drop, many of their global counterparts have fared worse.

Index Current YTD Performance
Handy 50 15.632 -11.3%
Sensex 52.528 -11.2%
S&P 500 3.785 -21.1%
DJIA 30.755 -15.9%
Nasdaq composite 11,029 -30.3%
FTSE 100 7,169 -4.5%
DAX 12.784 -20.2%
Nikkei 225 25,944 -11.5%

Attention: from 11:30 am, July 1, 2022

In India, the old money matters such as Tatas, Birlas, Mahindras, Premjis and others have all seen a huge decline in these six months.

Only two business families managed to grow this year, namely the Ambanis and Adanis.

More specifically, even Mukesh Ambani’s Reliance has barely managed to stay in the green, growing by a paltry 2% – meager compared to Gautam Adani’s seven listed companies, which grew 38% over the same period.

Business family achievements.NSE / https://londonbusinessblog.com/ India / Bloom

Wipro’s massive decline this year is the result of India’s IT sector facing headwinds over recession concerns in the West, its main clientele. While their rivals TCS and Infosys have also fallen this year, they significantly outperformed Wipro.

However, the Tata group of companies remains the country’s most valuable, with a combined market cap of nearly 20 lakh crore, while Mukesh Ambani’s Reliance is a close second at nearly ₹18 lakh crore.

Gautam Adani’s seven companies are more valuable than the Bajaj’s, Birlas and Premji’s.

Ambani and Adani valuations soar as Tatas and Birlas see big declines in the first half of 2022
Market capitalization of Tata Group, Reliance Industries, Adani Group and others.NSE / https://londonbusinessblog.com/ India / Bloom


The Adani group’s focus on energy and FMCG has enabled the group to maintain strong momentum into 2022 – the rise in crude oil and food prices has also contributed significantly to the rise in the group’s value.

$TATAMOTORS.NSE has an interesting lineup on weekly charts. Shares have been in a downward channel for the past 6 months, but this correction has not been supported by volumes, meaning long-term investors are still holding on. Technically speaking, whoever missed the previous rally should now have this stock on the waiting list as the stock is above it to break the weekly channel upside down at 427. The rally could be fast paced and furious!

— (@Kushghodasara) 01 July 2022

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