Shares of most Adani Group companies in losses, Adani Enterprises fell 20 percent
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New Delhi: Shares of most of the Adani Group companies were seen in losses in early trade on Thursday. The shares of Adani Enterprises, the flagship company of the group, were given 20 percent. About nine companies of the Adani group were trading in the red mark, while one company was trading in the green mark. Shares of Adani Enterprises were down 20 per cent at Rs 1,834.90 per share, hitting its lowest level on the BSE. The company’s market capitalization declined to Rs 2.38 lakh crore in early trade. Shares of Adani Ports and Special Economic Zone fell 5.59 per cent to Rs 565.95 per share.
In the morning session, shares of Adani Power fell five per cent to Rs 172.90 per share. Similarly, Adani Transmission, Adani Green Energy and Adani Total Gas were also trading with a fall of five per cent each in early trade. Shares of Ambuja Cement were trading down 5.44 per cent at Rs 363.45, NDTV down 2.09 per cent at Rs 223 and ACC down 3.63 per cent at Rs 1,901.85. Out of 10 listed companies of Adani Group, only one company- Adani Wilmar was trading in the green. Shares of Adani Wilmar were trading at Rs 440.30 per scrip on the BSE, up five per cent.
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