Adani stocks bleed: This is how much each of them lost | Mint

Home / Photos / Adani stocks bleed: This is how much each of them lost

The shares of Adani Group companies have been witnessing strong selling post the release of the Hindenburg Research report that alleged a ‘fraud’. Researchers from Hindenburg had pointed out the complicated maze of transactions undertaken by many of the listed Adani Group firms. In a report released on Wednesday, Hindenburg Research accused the Indian giant of participating in a decades-long plan to manipulate stock prices and commit accounting fraud. Adani Group released a media statement where the company said that it was shocked that Hindenburg Research has published a report without making any attempt to contact the company or verify factual matrix. — 1/8The shares of Adani Group companies have been witnessing strong selling post the release of the Hindenburg Research report that alleged a ‘fraud’. Researchers from Hindenburg had pointed out the complicated maze of transactions undertaken by many of the listed Adani Group firms. In a report released on Wednesday, Hindenburg Research accused the Indian giant of participating in a decades-long plan to manipulate stock prices and commit accounting fraud. Adani Group released a media statement where the company said that it was shocked that Hindenburg Research has published a report without making any attempt to contact the company or verify factual matrix.

Adani Enterprises: CMP: <span class='webrupee'>₹</span>2762.15 | 52-week low <span class='webrupee'>₹</span>1,529.55 | The stock nosedived by 20% on Friday's trading session before closing at <span class='webrupee'>₹</span>2,762.15 apiece lower by <span class='webrupee'>₹</span>627.70 or 18.52%. The m-cap stood at <span class='webrupee'>₹</span>3,14,885.41 crore by end of January 27th. This would be the second consecutive drop in Adani's flagship company. In the last two trading sessions, the stock has nosedived by 20%. — 1/8The shares of Adani Group companies have been witnessing strong selling post the release of the Hindenburg Research report that alleged a ‘fraud’. Researchers from Hindenburg had pointed out the complicated maze of transactions undertaken by many of the listed Adani Group firms. In a report released on Wednesday, Hindenburg Research accused the Indian giant of participating in a decades-long plan to manipulate stock prices and commit accounting fraud. Adani Group released a media statement where the company said that it was shocked that Hindenburg Research has published a report without making any attempt to contact the company or verify factual matrix.

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