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Adani Group stocks lose ₹2.3 lakh crore in market capitalisation
The Statesman
|November 22, 2024
Coming as an aftermath of the bribery charges by US Securities and Exchange Commission (SEC), and a US District Court, the Adani Group stocks lost Rs 2.3 lakh crore in market capitalization on Thursday.
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Shares of the flagship Adani Enterprises ended with losses of 23%, followed by Adani Green and Adani Energy Solutions, both of which fell up to 20% each. Other group stocks also fell between 10% to 20%.
In Thursday's trade, shares of Adani Enterprises Ltd dwindled to hit a day-low value of Rs 2,171.60.
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