Gautam Adani got a big shock, out of the $100 billion club, shares of 10 companies slipped.
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There is a decline in the shares of Adani Group, which has also affected the net worth of Gautam Adani. The net worth of Adani Group Chairman Gautam Adani has reduced by $ 2.38 billion. With this, he is also out of the 100 billion dollar club. This information has come out from the report of Bloomberg Billionaires Index.
According to the report, Adani’s net worth has now reduced from $100 billion to just $99.9 billion. His net worth was continuously increasing this year. Till now Adani’s net worth has increased to Rs 15.6 billion. This is the first time that his net worth has declined this year. Earlier last year, after the Hindenburg report, Adani had suffered a big loss and there was a big fall in the shares.
According to the information, there has been a decline in shares in almost all the companies of Adani Group. All ten Adani Group stocks were trading sharply lower and shares of key Adani Enterprises continued to fall for the seventh consecutive session. A decline of five to 10 percent is being recorded in the shares. A decline of nine percent has been seen in Adani Green Energy, seven percent in Adani Total Gas, six percent in Adani Enterprises, four percent in Adani Wilmar, five percent in Adani Port, 4.5 percent in Adani Green Solution, five percent in Adani Power. At the same time, NDTV has also declined by more than five percent. Shares of ACC and Ambuja Cements were also trading more than 4% lower.
Let us inform that with this fall, the total cumulative market capitalization of Adani Group shares has fallen by ₹ 90,000 crore so far. Meanwhile, the Indian stock market index also fell by over one per cent on Wednesday, with the midcap and smallcap indices falling the most.
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