Shares of Adani group companies continue to fall

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Adani Enterprises sc after opening weakly at Rs 1,597.95 fell further to Rs 1,433.60 on BSE, showing a 9.50 per cent decline from its previous close. It was later trading at Rs 1,480.65, down 6.54 percent.

New Delhi. The downward trend in the shares of Adani Group companies also continued on Monday. Shares of Adani Enterprises fell 9.50 percent in early trading on Monday. Adani Enterprises sc after opening weakly at Rs 1,597.95 fell further to Rs 1,433.60 on BSE, showing a 9.50 per cent decline from its previous close. It was later trading at Rs 1,480.65, down 6.54 percent. Shares of Adani Total Gas, Adani Power, Adani Green Energy and Adani Wilmar were trading down as much as five percent on the BSE. At the same time, Adani Transmission was cut by 10 percent.

On the other hand, Adani Ports and Special Economic Zone was trading at Rs 501.50, up 0.53%. Apart from this, other companies associated with the Adani Group. Ambuja Cements fell 3.28 percent, ACC 0.82 percent and NDTV 4.98 percent. The group led by Gautam Adani was accused of fraudulent transactions and manipulation of share prices in a report by US-based short seller Hindenburg Research. the group companies. The Adani Group, however, has dismissed the allegations saying it has been complying with all disclosure and legal requirements.

Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.



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