Adani Group: Hindenburg Research punctured Adani Group! Know what remained the price of shares falling – adani group shares fall continue many stocks have reached at lowest level
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Shares of the group’s flagship company Adani Enterprises fell 1.51 per cent on Thursday. It closed at Rs 1383.60, down Rs 21.65 on the BSE. Its 52-week high was Rs 4,189.55. It reached the level on 21st December but on 24th January the report of Hindenburg Research arrived. The scrip of Adani Green Energy declined by Rs 26.95 to Rs 512.35. This is its 52-week low. Shares of Adani Ports and Special Economic Zone (APSEZ) closed at Rs 552.10, up 0.96 per cent. Its 52-week high is Rs 987.90.
What is left of the share price
Adani Power’s stock touched the lower circuit for the second consecutive day. It fell by 4.98 per cent to Rs 154.50. Adani Transmission also closed at Rs 749.35, down five per cent. Similarly, after touching the lower circuit, the stock of Adani Total Gas once again went to a 52-week low. This stock is touching lower circuit since last several days. It was at the top of 52 weeks on January 23 and came down to Rs 793.25 on Thursday.
Shares of Adani Wilmar declined by Rs 3.97 to Rs 374.85. Adani Group’s cement company Ambuja Cements gained 0.43 per cent. It closed at Rs 337. ACC declined by 0.82 percent. It closed at Rs 1737.95, down Rs 14.40. NDTV shares closed at Rs 201, down 0.45 per cent. Adani Group’s market cap has declined by more than 60 per cent due to the fall in shares after January 24.
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