A news spoiled Gautam Adani’s game, loss of 55000 crores happened within an hour, shares of Adani Group fell by 20%
Adani Group shares: This Monday is not looking good for Gautam Adani. As soon as a news surfaced, there is a huge decline in six shares of Adani Group of Companies. Lower circuit has started in the shares of all the companies. According to a Business Insider report, the company’s shares have fallen by up to 20 percent within the first hour of trading. Due to this, there has been a loss of $ 7.6 billion i.e. 55 thousand crore rupees to the wealth of Asia’s second richest Gautam Adani.
At 11 o’clock in the morning, the stock of Adani Enterprises was trading at a level of Rs 1385, down by about 14 percent. During trading, it had reached the day’s lower circuit of Rs 1201. Adani Green Energy has come down by 5 percent and a lower circuit has been installed. Adani Power has fallen by 5 per cent and has a lower circuit. Adani Total Gas has a lower circuit of 5 percent. Adani Ports and Special Economic Zone is witnessing a decline of about 15 percent at this time. There was a decline of about 19 percent in this. Adani Transmission is currently witnessing a drop of 5 per cent and is lower circuit.