As Adani Group stocks selloff continues, what should investors do? Here's what experts say1 min read . Updated: 06 Feb 2023, 12:10 PM IST
- The Adani Group's wealth has more than halved in market value in a week
The sell-off in Adani Group stocks entered a third week with flagship Adani Enterprises shares plummeting as much as 10%. The counters have been under heavy selling pressure since January 24 report of the US short-seller Hindenburg Research that made fraud allegations against the group. Adani also decided to call off its ₹20,000 crore follow-on public offering (FPO), a day after being fully subscribed.
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