Investor upset due to heavy fall in Adani Transmission stock, stock came below Rs 800
New Delhi: Even though there is a boom in the stock market these days, but there are many stocks which are declining. A huge decline is also being seen in the stock of a company of Gautam Adani. This share belongs to Adani Transmission, a company of Adani Group. Shares of Adani Transmission have tumbled more than 80 per cent from their 52-week high. The shares of the company were at the level of Rs 4238.55 on BSE on 16 September 2022. Whereas on June 30, 2023, it was closed at Rs 767.50. Investors are suffering the most due to the continuous fall in the stock.
It is not right to invest in the stock market without knowledge. In such a situation, before buying and selling any share, do talk to your financial advisor once. If you do not do this, you may have to suffer financially. Investors have made bumper profits in many stocks in the stock market. At the same time, there are many stocks in which investors have suffered huge losses.
It is not right to invest in the stock market without knowledge. In such a situation, before buying and selling any share, do talk to your financial advisor once. If you do not do this, you may have to suffer financially. Investors have made bumper profits in many stocks in the stock market. At the same time, there are many stocks in which investors have suffered huge losses.
steady decline
The stock of Adani Transmission is continuously declining. Adani Transmission’s 52 week low level is Rs 630. On September 16, 2022, the shares of Adani Transmission closed at Rs 4238.55 on the Bombay Stock Exchange. According to experts, this fall in the shares of Adani Transmission has come due to block deals. According to the report, the deal of 4.3 crore shares of Adani Transmission has happened in the past. However, no information has been received about the seller and buyer of the shares.
Gautam Adani: This share of Adani will leave as a pauper, falling from 4 thousand to below 700, investors are banging their headsEffect of Hindenburg’s report
The report of American research firm Hindenburg came in January this year. Since then, there was a huge decline in the shares of all Adani companies. Due to this also, there was a decline in the shares of Adani Transmission.
