Adani stocks lose over Rs 1 lakh crore in a day

Adani stocks lose over Rs 1 lakh crore in a day

MUMBAI: On a day when the sensex recorded the second biggest loss in market capitalisation, Adani stocks witnessed the group’s biggest single-session wealth erosion of Rs 1.1 lakh crore last seen on Feb 2, 2023, a week after the US-based short-seller Hindenburg published its report on the conglomerate. At the close of Wednesday’s trading, the … Read more

Adani group market capitalisation doubles from lows | India Business News

Adani group market capitalisation doubles from lows | India Business News

MUMBAI: A year after US short-seller Hindenburg Research came out with a damaging report against the Adani Group, which led to major wealth erosion, the conglomerate has seen its combined market capitalisation more than double from a low of Rs 6.8 lakh crore recorded on Feb 27, 2023. However, at Rs 14.5 lakh crore, the … Read more