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Adani Share Price: The ghost of Hindenburg is not leaving the Adani group even after 5 months have passed. Due to the rumblings about Hindenburg’s allegations in America, the shares of Adani Group once again saw a huge decline on Friday. In the trading of the last day of the week, their prices saw a decline of up to 10 percent.
all shares red since morning
The start of Adani Group’s shares today was also not good. All 10 shares of Adani had fallen since the beginning of the business. The scope of their decline kept on increasing throughout the day. By the end of the day’s trading, the shares of Adani Group fell by 10 per cent. Half of the group’s shares fell by 5-5 per cent.
they suffered the most
The biggest decline in Friday’s trading was in the flagship stock Adani Enterprises. It closed at a loss of about 7 per cent. It had gone into loss of up to 10 per cent during the trading. Adani Transmission also suffered heavy losses and its price also fell by more than 6 percent.
The prices of these shares also fell
Adani Power was in the biggest loss a day ago. Even today it suffered a big loss and remained in loss of more than 5.50 per cent. On the other hand, Adani Ports and Ambuja Cement had to face a decline of more than 4-4 per cent. Apart from these, the prices of Adani Wilmar, Adani Total Gas, NDTV and ACC Cement were at a loss of more than 3-3 per cent. Adani Green closed down 1.5 percent.
Performance of all stocks:
| company’s name | Today’s closing price (on BSE, in Rs) | Change (in %) |
| ndtv | 214.95 | -3.46 |
| Adani Enterprises | 2233.10 | -6.79 |
| Adani Green | 959.50 | -1.50 |
| Adani Ports | 714.45 | -4.16 |
| Adani Power | 242.40 | -5.61 |
| Adani Transmission | 753.50 | -6.38 |
| Adani Wilmar | 404.05 | -3.42 |
| Adani Total Gas | 634.05 | -3.21 |
| acc |
1773.80
|
-3.15 |
| Ambuja Cement | 426.20 | -4.19 |
This news spoiled the condition
There have been reports that the US market regulator SEC may probe Hindenburg’s allegations against the Adani group. As soon as this news came out, the shares of Adani Group were shattered. The Adani group is already facing probe by the domestic market regulator SEBI, which is being monitored by the Supreme Court.
it’s been a bad month
The Adani group was already running under pressure. This whole month has not proved to be good for the Adani group. Earlier on Thursday also all the 10 shares of Adani Group were in loss. This has happened for the third time this week, when all the shares of Adani have closed in the red mark. The same situation was seen on Monday, the first day of the week.
The market fell for the second day as well
If we look at the domestic market, today’s day was also in the name of all-round selling. The market has been under selling pressure since setting a new record high on Wednesday. Like Thursday, heavy selling was seen at higher levels on Friday as well and thus the domestic market remained in loss for the second consecutive day. After the end of trading, the 30-share BSE Sensex fell below the 63,000 mark with a loss of about 260 points. Similarly, a decline of about 0.50 percent was recorded in Nifty.
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