Gautam Adani got a blow of 80K crores in three days! The company is stuck in just one question

The slaughter continues again in the shares of Gautam Adani’s companies, who have made it to the second place in the list of India’s veteran businessmen and world’s richest businessmen. Adani Group companies have suffered a loss of ₹ 80000 crores in just 3 days. Shares of Gautam Adani’s company NDTV have fallen by about 14 per cent in 3 days. Shares of Adani Power and Adani Wilmar have also declined by up to 13 per cent.

Since the report of Hindenburg Research came out on January 24 this year, the condition of shares of Gautam Adani Group companies is bad. After February 27, although the shares of Gautam Adani Group’s companies were in a recovery mood, but in the last 3 days, the shares of Gautam Adani Group’s companies have declined. Due to the weakness in the shares in just 3 days, Gautam Adani Group has suffered a setback of ₹ 80000 crores.

There has been a decline of 8.23% in the market cap of Gautam Adani Group companies. On March 23, the market cap of Adani Group was Rs 9.7 lakh crore, which has fallen by Rs 80,000 crore to Rs 8.9 crore.

The market cap of Adani Group has fallen by ₹ 30000 crore only on Monday. Shares of Adani Enterprises fell 7 per cent to ₹1601 on Tuesday. There has been a weakness of 11 percent in the shares of Adani Enterprises in 3 days. Shares of Adani Ports have fallen by more than 5% to the level of ₹597.
Ambuja Cements Ltd ₹ 359.00 -₹ 11.00 2.97%
ACC Ltd ₹1,610.00 -₹74.95 4.45%
New Delhi Television Ltd ₹ 174.20 – ₹ 8.75 4.78%
Adani Wilmar Ltd ₹ 368.15 – ₹ 19.35 4.99%
Adani Transmission Ltd ₹ 1,015.00 -₹ 53.40 5.00%
Adani Power Ltd ₹ 173.85 – ₹ 9.15 5.00%
Adani Green Energy Ltd ₹ 935.65 – ₹ 49.25 5.00%
Adani Total Gas Ltd ₹ 909.95 – ₹ 47.90 5.00%
Adani Ports and Special Economic Zone Ld ₹ 596.50 – ₹ 32.60 5.18%
Adani Enterprises Ltd ₹ 1,602.95 – ₹ 120.10 6.97%