Adani Enterprises stock has returned over 250% to shareholders over the last 6 months and reports indicate the group is ready to unlock more value via unit sales and IPO.
As per reports Gautam Adani backed corporation has begun preliminary talks to separate its airport business from holding entity Adani Enterprises. Adani currently controls Mumbai airport along with six regional facilities, and is likely to targeting a valuation of Rs 25,500-29,200 cr for the business.
Adani group stocks have been surging adding billions to Gautam Adani's networth making him the 14th richest man in the world. As per calculation done by Bloomberg Gautam Adani added Rs 75 cr to his wealth every hour in 2021.