Hindenburg report has passed a month, Adani’s shares are still stuck in the locker circuit, know what is the price now

Hindenburg report has passed a month, Adani’s shares are still stuck in the locker circuit, know what is the price now

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New Delhi: Today it has been almost a month since the report of the American research firm Hindenburg was presented. But still the process of decline in the shares of Adani Group has not stopped. The shares of Adani Group have continued to decline since the Hindenburg report was introduced. Many stocks are stuck on the lower circuit. Adani Total Gas shares were seen down 5 per cent yesterday. The stock closed on the lower circuit. This stock is constantly closing on the lower circuit. After Thursday’s decline, the stock has now lost nearly 80% of its value since January 25. Let us tell you that Hindenburg had made many allegations on Adani Group in his report. There were also allegations of stock manipulation and corporate impropriety. Since then Adani Group has been facing continuous losses. Adani Total Gas was the biggest loser among all the 10 Adani Group stocks.

Is Hindenburg’s prediction coming true? Three shares of Adani Group lost 85% in a month, the condition of these stocks is also bad

Stocks falling continuously

Adani Group Stocks

The stocks of Adani Group are continuously falling down. Selling dominates in all stocks. Two more out of 10 shares of Adani Group have fallen by more than 70 per cent in the last one month. These stocks include Adani Green Energy and Adani Transmission. Talking about Adani Green Energy, it has suffered a loss of 73 per cent. At the same time, shares of Adani Transmission are also slightly down from 73 percent loss. Hindenburg analysts had said in their report that the valuation of seven stocks of the group is at least 85% higher. Talking about the rest of the Ahmedabad-based group companies, shares of Adani Enterprises have fallen by 60 per cent in the last one month. At the same time, six companies have lost 25% and 44% of their market value during this time.

Gautam Adani reached number 29 in the list of rich, Ambani also slipped, know how much net worth of both is left

Adani group is facing loss

Among the 10 Adani group companies, the market value of ACC in the cement sector has also declined. With the fall in share prices, the market capitalization of companies has also come down. The market capitalization of Adani Group has declined by 61.6% or Rs 11.8 lakh crore in the last one month to now stand at Rs 7.4 lakh crore. If we look at it in dollars, then this loss is a little more than $ 142 billion.

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