Stocks
Adani dropped from the list of the world’s top 20 richest people
The rapid rise of the Adani Group led by Indian billionaire Gautam Adani caught the attention of the entire world.
But after the US research agency Hindenburg report, the empire built by Adani seems to be falling at the same pace. Adani, who was in the 3rd position in the list of the world’s richest people, is now not even in the top 20.
On 3 February (Friday), the Indian industrialist was dropped from the list of the top 20 richest people in the world. Adani, the owner of $59 billion in assets, was in the 21st position.
According to the Times of India report, Adani came down to number 11 on January 31.
Adani’s loss of billions of dollars has brought Mukesh Ambani back to the position of India’s richest man.
According to Bloomberg data, Ambani, who owns $80.7 billion, has once again emerged as the top Indian richest man.
On the other hand, according to the report, the capital of seven companies of Adani Group registered in the stock market has decreased by 100 billion dollars in just 6 days.
Due to this shock, Adani Enterprises has withdrawn its follow-on public (FPO) from the stock market. It has been informed on their behalf that the investors in the FPO will be returned in full.
On January 24 of this year, US firm Hindenburg Research in a report accused Adani Group of financial fraud and manipulation. However, Adani Group rejected Hindenburg’s allegation.
After that, Adani Group collapsed in the stock market.
Dhaka Stock Exchange DSE, Bourse on the third working day of the week, April 23rd, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
597 crore 56 lakh taka shares were traded on this day. 22 crore 63 lakh more tradings were done in DSE today compared to the previous workday, 22nd April , Shares worth Tk 574 crores 92 lakh shares were traded last time, Monday.
The benchmark DSEX lost 41.25 points or 5,633 The Shariah-based index DSES dropped 7.36 points or 1,235, and the blue-chip index DS30 decreased by 3.48 points or 1,980.
Of the issues traded, 50 advanced, 310 declined and 36 remained unchanged.
BD Thai Food & Beverage Limited ranked top gainer on DSE, the share price increased by Tk 3.20 paisa or 9.79 percent. On this day, the share was last traded at Tk 35.90 paisa.
Khan Brothers PP Woven Bag Industries Limited ranked top loser on the DSE, the share price dropped by Tk 1.30 paisa or 9.09 percent. On this day, the share was last traded at Tk 13.00 paisa.
DSE topped on trade is Asiatic Laboratories Limited 39 crore 87 lakh takas of company shares have been traded.
A total of 40 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 93 lakh 98 thousand 868 shares of the companies were traded. The financial value of which is 24 crore 88 lakh taka
One of the listed companies, Aman Feed Limited discloses its financial reports for the third quarter, (January – March 24).
The company’s earnings per share (EPS) was loss Tk 0.11 paisa in Q3 of the current financial year (January – March 24). EPS was loss Tk 0.33 paisa during the same period last year. Consolidated NAV per share was Tk. 359.68 as of March 31, 2024.
One of the Listed companies, Exim Bank Limited has recommended 10% Cash Dividends for the year ended December 31, 2023.
In terms of financial performance, The Company has further informed Consolidated EPS of Tk. 2.33 for the year ended December 31, 2023. The Company has also reported Consolidated NAV per share of Tk. 23.00 for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be taking place on June 24, through the digital platform. The record date for this has been fixed at May 26.
