September 21, 2024

Adani Group Shares Price; Shares in Adani Group plummet, leaving investors poor in just five trading sessions


Mumbai : Seven listed companies of industrialist Gautam Adani have cost investors $86 billion in just five trading sessions after the Hindenburg Research report came out. Gautam Adani Group companies have seen heavy selling since Wednesday last week. Shares of Gautam Adani Group flagship Adani Enterprises fell by around 27 percent. Shares of the company fell by Rs 794 to trade at Rs 2,180.

The market cap of seven companies of Gautam Adani listed in the stock market has fallen drastically. Shares of Adani Power were trading at Rs 270 on January 25. This share has now reached the level of Rs.212. Shares of Adani Power have fallen 22 percent in the last five trading sessions.

20 thousand crores FPO canceled despite overwhelming response from investors; Gautam Adani told the real reason

Share price of Adani Total Gas has fallen by 51 percent in five days. On January 25, shares of Adani Total Gas were at the level of Rs 3854, which has now reached the level of Rs 1898. Shares of Adani Total Gas saw a steep fall following the Hindenburg report.

Adani Enterprises, the flagship company of Adani Group, had brought a Rs 20,000 crore FPO. The FPO was withdrawn on Wednesday. Shares of Adani Enterprises were trading at Rs 3400 on January 25. This share is now at Rs 2180. Shares of Adani Enterprises have fallen 36 percent in the last five days.

Share Market Opening: Effect of Adani’s withdrawal; As soon as the market started, Sensex-Nifty fell

Shares of Adani Ports and Special Economic Zone, another Adani Group company, have fallen by Rs 232 in the last five days. Shares of Adani Ports were at Rs 736 on January 25, but have now fallen to Rs 500. Shares of Adani Green Energy have fallen 39 percent or Rs 730 in the last five trading sessions. Shares of Adani Green Energy were at Rs 1,891 on January 25, which has now fallen to Rs 1,160.

Big Breaking: Adani Enterprises FPO back, will return 20 thousand crores, Hindenburg effect?

Shares of Gautam Adani Group’s FMCG company Adani Wilmar Ltd are trading at Rs 121, down around 22 per cent in the last 5 days. On January 25, Adani Wilmar’s share price was close to Rs 565, which has now fallen to Rs 443. Shares of Adani Power Limited have fallen by Rs 58 in the last five trading sessions. Shares of Dani Power Limited were priced at Rs 270 on January 25, which is now close to Rs 212.



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