adani latest news, Adani Share Price: Hindenburg’s storm could not shake this stock of Adani, the rest have lost ₹ 4.50 lakh crore – adani hidden treasure: adani power stock could not be shaken by the hindenburg storm

Big blow to Adani

In the current financial year, the shares of Adani Group have seen a decline. Shares of Adani Total Gas and Adani Transmission have fallen more than 54 per cent. Adani Green has plunged up to 49 per cent. Adani’s flagship company Adani Enterprises is also in a bad condition. Its shares have fallen 11 percent. Shares of Adani Port have fallen by 15 per cent in the current financial year. At the same time, Adani Wilmar has fallen by 19 percent.

Adani’s stock just boomed

Adani Group has 10 companies listed in the stock market. After Hindenburg’s disclosure, the condition of shares of 9 companies of Adani Group worsened. You must have guessed from the above figures that how much Hindenburg has slaughtered Adani’s shares. But if anyone has been able to withstand the onslaught of American short sellers, then it is Adani Power. Adani Power is the only group stock to gain momentum in the current financial year. Adani Power shares saw recovery despite Hindenburg’s allegations. Adani Power shares gained momentum in the current financial year. The share which was worth Rs 185.05 on March 31, 2022 has increased to Rs 192.60 on March 24, 2023.

How much shock to Adani

Due to the fall in Adani’s shares, the company’s total market has suffered a setback of Rs 4.50 lakh crore so far. Shares of 9 companies of Adani Group are continuously falling. Talking about FY23, Adani’s total market cap as on 31 March 2022 was Rs 13.20 lakh crore. On March 24, 2023, it fell and closed at Rs 8.63 lakh crore. That is, the Adani group has suffered a setback of Rs 4.50 lakh crore.

Adani Shares: Tuesday was auspicious, Adani’s shares became a news and rocket, investors were rich due to tremendous comeback