2022 in review | Ambani vs Adani: Whose stock has rewarded investors the most this year? | Daily News Byte


In 2022, some stocks from large conglomerates beat analysts’ expectations and generated multiple returns, while others disappointed investors. Here’s how stocks of Adani, Tata Group and Reliance Industries fared:

Adani Group

Adani Group is the third largest conglomerate in India, after Reliance Industries and Tata Group. The group’s diverse businesses include port management, power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure.

In 2022, a total of seven Adani stocks posted positive returns, with two gaining more than 100.

Up about 163 percent so far in 2022, Adani Power shares have outperformed all other Adani Group stocks. The stock started rising in February to Rs. 111.15 per share and has now reached Rs. 262.20, representing a return of 135 percent.

Shares of Adani Enterprises came in second with a gain of over 113 percent, climbing from 1,709 per piece 3,642. Most recently, on December 21, the stock hit its highest level since 4,190.

Further, shares of Adani Total Gas rose from 1,721.80 that 3232.60, generating a return of over 87.74 percent in the current year to date.

Adani Wilmar, which was recently listed in February this year, received 86.25 percent. The stock has reached its highest level since 841.70 per share in September.

Shares in Adani Transmission rose 30 percent to 2,270.20 this year. The stock is up 582.97 percent in three years, while Adani Green Energy, Adani Ports and Special Economic Zone are up 35.99 percent and 8.74 percent, respectively, in the current year.

On September 21, Hurun India and IIFL Wealth released the IIFL Wealth Hurun India Rich List 2022. According to the list, Adani topped the list of richest Indians with a net worth of 10,94,400 crores. Adani’s wealth has more than doubled in the past year, adding Rs. 5,88,500 crores.

For the first time in a decade, Mukesh Ambani lost the top spot despite his wealth rising 11 percent in an eventful year that hit many headwinds, including the Russia-Ukraine war, the report said.

Adani has aggressively expanded its empire in recent years by diversifying its business into multiple sectors. In May, it entered the cement sector by winning the race to buy Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 billion (approx. 81,361 crowns).

In August, the Adani Group also announced plans to set up a 4.1 million tonne per annum integrated alumina refinery and a 30 million tonne iron ore processing plant in Odisha, which could cost more than 58,000 crowns.

Tata Group shares

The Tata Group – a conglomerate with businesses in various industries including steel, chemicals, automobiles, retail, jewelery and telecommunications – is a global enterprise, headquartered in India, comprising 30 companies. Tata Sons is the main investment holding company and promoter of Tata companies.

Each Tata company or enterprise operates independently under the guidance and supervision of its board of directors. The combined market capitalization of the Tata Group companies was $311 billion ( 23.6 trillion) as of March 31, its website showed.

Tata Group has announced major deals in 2022 as part of its strategy to reduce the number of companies in its portfolio. In March this year, Tata Consumer Products (TCPL) announced the merger of all Tata Coffee businesses with itself.

On November 29, Tata Group announced Vistara’s merger with Air India in a deal that will also see Singapore Airlines buy a 25.1 percent stake in Air India, marking a major consolidation in India’s fast-growing aviation space.

The deal, which will make Air India the country’s largest international carrier and second largest domestic carrier, is expected to be completed by March 2024, subject to regulatory approvals, PTI reported.

Earlier in September, Tata Consumer Products entered the health supplement segment with the launch of a plant-based protein powder.

On the other hand, the Board of Directors of Tata Steel has considered and approved the schemes for the proposed merger of six subsidiaries in and with Tata Steel, the company said in a statement.

Meanwhile, most of the company stocks in the Tata group had a bad year in 2022.

Shares of Indian Hotels Company have risen more than 60 percent this year and were the top-ranked Tata Group stocks. The stock has rallied year-to-date, rising nearly 65.69 percent year-to-date (ITD) versus a 2.60 percent gain in the benchmark Nifti during the same period.

Similarly, shares of Trent, the retail arm of the Tata Group, have returned 20.56 percent in the current calendar year so far. Over the past three-year period, the stock is up 147 percent, and has returned 286 percent over the past five years.

Other stocks, including India’s Tinplate Company, Tata Investment Corporation and Tata Consumer Products, saw gains in the range of 8-42 percent.

Tata Teleservices (Maharashtra) is the biggest laggard among Tata Group stocks in 2022, down nearly 60 percent, followed by Voltas, Tata Motors, Tata Communications, Tata Metaliks, TCS and Nelco, down over 13 percent to over 30 percent.

In addition, Tata Elksi, Tata Chemicals and Titan Company delivered near single-digit results in 2022.

Aditya Birla Group

The Aditya Birla Group has grown into a global powerhouse across a wide range of sectors – metals, pulp and fibres, chemicals, textiles, carbon black, telecommunications, cement, financial services, fashion retail and renewable energy.

Birla Group stocks have disappointed shareholders in 2022. The sell-off has resulted in a loss of market capitalization for most of the group’s companies this year.

The biggest losses came from Vodafone Idea, which has lost 50 percent of its value so far in 2022. Other stocks such as Hindalco and Ultratech Cement posted losses of 9 percent and 8 percent, respectively.

Shares of Aditya Birla Capital, Grasim Industries and Aditya Birla Fashion and Retail returned 15.69 per cent, 5.34 per cent and 4.90 per cent, respectively.

Reliance Industries

Reliance has four business verticals: O2C, which includes its oil refineries, petrochemical plants and fuel retail; retail, which includes physical stores and e-commerce; digital services, which includes telecom arm Jio; and new energy.

Reliance Industries is one of the most profitable companies in India and the largest publicly traded company by market capitalization.

Reliance Industries is the first Indian company to cross $100 billion in revenue. So far in 2022, the stock has delivered just a marginal return of 5.65 percent, up from 2,368 per piece 2502.20. The stock has reached its highest level since 2,856 in April.

Meanwhile, the group’s other shares have posted losses so far this year.

Mukesh Ambani has big goals for his empire; through acquisitions, it expanded its business to a number of different industries, and this year it also introduced an FMCG brand.

Reliance Consumer Products Ltd (RCPL), the newly formed FMCG arm of Reliance Retail Ventures Ltd (RRVL), in the second week of December made a foray into major products by launching the ‘Independence’ brand, in line with the announcement made by Ambani at the company’s annual shareholders’ meeting earlier this year. years.

On the other hand, Reliance Industries Ltd. has agreed to buy Metro AG’s Indian unit for 28.5 billion Indian rupees ($344 million), according to media reports.

Disclaimer: The views and recommendations provided above are those of individual analysts or brokerage firms and not of MintGenie.

India's largest stock market wealth generators in the last 5 years.

India’s largest stock market wealth generators in the last 5 years.


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