After the report of Hindenburg Research regarding Adani Group Stocks, the shares of the group are being sold indiscriminately. The shares of Adani Group have fallen heavily by up to 25 per cent. For the last two trading sessions, a flood of sellers is being seen in the shares of Adani Group. Due to this sale, more than 4 lakh crores of the group’s investors have sunk. The effect of this decline is clearly visible on the overall market as well. Sens*x has slipped more than 1100 points and it remains just above 59 thousand. Nifty has come below 17550. Today, more than 8 lakh crores of stock market investors have drowned due to the sell-off of the market.
Adani Enterprises FPO Price Came Down
Adani Green Energy Broke 20 Percent
Adani Green Energy is down 20 percent at the level of Rs 1486. This is a new low of 52 weeks. Adani Transmission is down by 20 percent at Rs 2014. The 52 week low is Rs.1810. Adani Ports declined by 25 percent. Adani Power declined by 5 percent and is at Rs. 248 level. Adani Wilmar is at 516 with a lower circuit of 5 per cent.
ACC, Ambuja, NDTV Down Up To 25%
Adani Group has also bought Ambuja Cement, ACC Cement and NDTV. There is selling in these stocks as well. ACC is below 1850 with a fall of 15 per cent. Ambuja Cement declined by 25 per cent during trading and fell to Rs 345. NDTV is at the level of Rs 256 with a decline of 5 per cent.
CAclubindia
