hindenburg vs adani, the mountain of Adani’s wealth is crumbling, ₹ 4,55,46,32,50,000 was lost in a few hours, the ‘slaughter’ of shares continues even today – gauatm adani loss rs 455463250000 just in 1 day
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Adani’s wealth destroyed
The effect of the fall in Adani’s shares is that Gautam Adani’s wealth started falling as soon as the market opened. Within a few hours, Gautam Adani lost $5.5 billion i.e. Rs 4,55,46,32,50,000. Gautam Adani’s troubles are not taking the name of abatement. Adani has lost more than half of his wealth in the last 27 days. The wealth of Gautam Adani, once the world’s second richest industrialist, has come down to $44.1 billion. Gautam Adani has dropped from number two to number 26 in the Forbes Real Time Billionaire list.
The more Adani lost, the more Pakistan would have been saved
What Adani lost in the last 27 days, Pakistan can recover half of its debt. The total external debt on Pakistan is $121.75 billion. At the same time, from January 24 to February 20, Adani’s wealth has decreased by $ 77.3 billion. Adani Group shares continue to dominate selling. The market cap of the Adani group has fallen to $100 billion.
‘Slaughter’ of shares even today Adani’s shares continued to be beaten on 22 February. As soon as the market opened, the shares of Adani Enterprises fell by 7 percent. All 10 stocks of Adani have registered a decline. Adani Power, Adani Transmission, Adani Green Energy, Adani Total Gas, Adani Wilmar are witnessing a decline of up to 5-5 per cent. At the same time, NDTV shares have fallen more than 4 percent. ACC Cement has fallen 1.5 per cent. Ambuja Cement has fallen 2 percent. Adani Ports has fallen below 2 per cent. The company’s market capitalization has fallen by more than $ 100 billion to Rs 8,20,915 crore.
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