Adani Group stocks continue to fall; Adani Total Gas, Adani Transmission, Adani Green tank 20 pc

Adani Group stocks continue to fall; Adani Total Gas, Adani Transmission, Adani Green tank 20 pc

 

New Delhi :  Adani group stocks took a beating for a second straight session on Friday, falling up to 20 per cent and losing over Rs 4.17 lakh crore from the combined market valuation of listed firms after the US-based investment research firm Hindenburg Research made damaging allegations.

Shares of Adani Total Gas plummeted 20 per cent, Adani Transmission tumbled 19.99 per cent, Adani Green Energy plunged 19.99 per cent and Adani Enterprises tanked 18.52 per cent on the BSE.

Also, Adani Ports and Special Economic Zone fell 16.03 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 5 per cent.

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