The Ambani brothers may well be cracking the whip on the stock market bulls that have lifted investors wealth by Rs 20 trillion, 20 per cent of which is accounted for by their own companies.
The ongoing surge in the stock market has seen the market value of all Indian companies growing by about Rs 20 trillion since the beginning of the current fiscal - out of which about Rs 4 trillion has been contributed by the companies controlled by the two Ambani groups.
Moreover, this gain of about Rs 4 trillion in market value is nearly double of the additional wealth created by the companies controlled by three other entrepreneurs who make up the list of five richest businessmen in India.
Mukesh Ambani group companies, led by the country's most valued firm Reliance Industries, have contributed close to Rs 2.5 trillion to the rise in investors' wealth, followed by about Rs 1.5 trillion by the ADA