Adani Saga Extends: 9/10 Stocks Painted in Red, 5 Hit LCs, 3 at 52-Wk Lows

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Adani Saga Extends: 9/10 Stocks Painted in Red, 5 Hit LCs, 3 at 52-Wk Lows

By Malvika Gurung

Investing.com -- The ports-to-power conglomerate major Adani Group listed companies witnessed the incessant rout extend to the fourth week, eroding over Rs 11 lakh crore from the combined market capitalisation of all the 10 Adani Group stocks, further engulfing in crisis.

The stocks continued to fall on Thursday too, wiping out a total of Rs 23,000 crore from their valuations in the morning trade. Gautam Adani has slipped to the 29th position on the Bloomberg Billionaires Index with net worth sinking to $42.7 billion.

Read Also: Gautam Adani Sinks to 29th Position on Global Rich List, Over $70 Bn Eroded

Here’s how Adani Group stocks performed in Thursday's intraday.

  • Adani Enterprises (NS: ADEL ): slips 3.9% to Rs 1,350/share.
  • Adani Total Gas (NS: ADAG ): hits new 52-week low and a 5% lower circuit at Rs 791.35 apiece.
  • Adani Green Energy (NS: ADNA ): hits new 52-week low and a 5% lower circuit at Rs 512.1 apiece.
  • Adani Transmission (NS: ADAI ): hits new 52-week low and a 5% lower circuit at Rs 749.75/share.
  • Adani Ports and Special Economic Zone (NS: APSE ): dips 2.45% to Rs 533.65/share.
  • Adani Power (NS: ADAN ): hits 5% lower circuit at Rs 154.35 apiece.
  • Adani Wilmar (NS: ADAW ): hits 5% lower circuit at Rs 370.8 apiece.
  • NDTV (NS: NDTV ): tanks 4% to Rs 193.3 apiece.
  • ACC (NS: ACC ): drops 1.4% Rs 1,727/share.
  • Ambuja Cements (NS: ABUJ ): rose 0.34% to Rs 336.5 apiece.

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