Most Adani Group stocks bounce in a relief rally

Adani Total Gas, Adani Wilmar, and Adani Power were locked in their respective lowest trading prices for the day. Still, Adani Group on Tuesday lost ₹4,000 crore in market capitalisation after shedding ₹5.6 lakh crore since last Tuesday, triggered by Hindenburg Research’s report on January 24 that accused the Ahmedabad-based industrial house of engaging in “brazen stock manipulation” and an “accounting fraud scheme.”

Generated by Feedzy