Loss of lakhs of crores.. These are the 10 setbacks faced by ‘Adani’..!
The Stock Exchange of India has announced that the National Stock Exchange Index (NSE) has taken additional surveillance measures. That is.. Adani Enterprises, Adani Ports and Adani Cements stocks of Adani Group, which are undergoing severe upheaval, have been brought under the control of ASM framework. But this is not a negative action, but an act of care. It is revealed that this is a preventive measure against short selling.
On the other hand, NSE placed Adani Group stocks Adani Ports, Ambuja Cements on the futures and options (F&O) restricted list in Friday’s session.
Tulum gold price at Rs.60 thousand mark.. How are the gold rates everywhere?
Adani Enterprises pulled out of FPO, but the fall in its group stocks did not stop.
More than half of the wealth evaporates..
Gautam Adani’s wealth is plummeting with huge losses in Adani stocks. Already fell to the 22nd place on the Forbes Realtime Billionaires list. Currently, Adani’s wealth has fallen to 55 billion dollars. It was over $120 billion before the Hindenburg Report. According to this calculation, Adani’s wealth fell by Rs.5.50 lakh crore in seven trading sessions.
After more than two years of investigation, Hindenburg has already released a report that the Adani Group is committing manipulations in the stock market and committing accounting frauds. Since then, Adani’s wealth has been melting like ice. In the same sequence, he also lost the status of the richest person in Asia.
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Hindenburg Report.. Cancellation of FPO.. Gautam Adani who opened his mouth for the first time.
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Also Read: SEBI surveillance on Adani stocks.. There is no chance of that happening anymore! What happens if you do this?
Hindenburg effect.. RBI enters the field in Adani case.. How much loan did the bank give? What is going to happen?
