Adani Enterprises Share Price: BSE, NSE big action on Adani Group, now it will happen – nse bse put 3 adani group companies under asm framework
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Which companies did this happen?
Adani Enterprises Adani Enterprises is among the companies of Adani Group which have been put on ASM framework by BSE and NSE. Apart from this, Adani Ports and Special Economic Zone Adani Ports and Special Economic Zone and Ambuja Cements Ambuja Cements have been included.
What is short term additional surveillance
Additional surveillance is a kind of surveillance. Market regulator SEBI and exchanges like BSE, NSE keep a special watch on the companies whose names come in it. Its purpose is to protect investors from any kind of loss. Such action is taken only on those companies when manipulation is visible in their shares or there is a lot of trading in them.
when did the trouble start
Adani Group’s troubles began on January 24 when the Hindenburg Research report came out. Since then the shares of the company started getting beaten. So far the market cap of his companies has declined by $ 100 billion. American short selling firm Hindenburg Research has claimed in its report that Adani Group has been openly involved in stock manipulation and accounting fraud for decades.
Adani Group: Another blow to Adani, NSE increased surveillance on these 3 stocks
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