The market value of the group stocks declined by ₹47,875 crore, or $5.8 billion, on Friday, taking the weekly erosion in the group market cap to ₹71,173 crore, or $8.7 billion, the biggest slide in four months. The total market cap of the group companies stood at ₹9.79 trillion on Friday, 49% lower than ₹19.21 trillion market value on January 24, the day the Hindenburg Research report was made public.
Flagship Adani Enterprises slid 6.8% to end at ₹2,233, while Adani Ports & SEZ settled 4.2% lower at ₹714. Other major losers included Adani Transmission (6.4%), Adani Power (5.6%), Ambuja Cements (4.2%), NDTV (3.7%), Adani Wilmar (3.4%) and ACC (3.1%). Adani Total Gas and Adani Green Energy were down 3.2% and 1.5%, respectively.
Bu hikaye Financial Express Mumbai dergisinin June 24, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin June 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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