Adani Stocks Crash Upto 30% Again! New 52-Wk Lows, Lower Circuits

By Malvika Gurung

Investing.com -- The ports-to-power conglomerate major Adani Group listed companies extended the bloodbath to the sixth consecutive session on Thursday.

The conglomerate’s flagship company Adani Enterprises’ stock crashed 30% for the second straight session today, recording a new 52-week low of Rs 1,494.75 apiece.

Here’s how Adani Group stocks performed on Thursday.

• Adani Enterprises (NS: ADEL ): crashed 30% and hit a new 52-week low at Rs 1,494.75 apiece. Ends 26.7% lower at Rs 1,565.25 apiece.
• Adani Total Gas (NS: ADAG ): hit a 10% lower circuit at Rs 1,707.7 apiece.
• Adani Green Energy (NS: ADNA ): hits new 52-week low and a 10% lower circuit at Rs 1,039.85 apiece.
• Adani Transmission (NS: ADAI ): hits new 52-week low and a 10% lower circuit at Rs 1,551.15 apiece.
• Adani Ports and Special Economic Zone (NS: APSE ): plunges 14.35% and records a new 52-week low of Rs 424.05 apiece.
• Adani Power (NS: ADAN ): hits 5% lower circuit at Rs 202.05 apiece.
• Adani Wilmar (NS: ADAW ): hits 5% lower circuit at Rs 421 apiece.
• NDTV (NS: NDTV ): hits 5% lower circuit at Rs 223.95 apiece.
• ACC (NS: ACC ): tanks 4.3% and ends 0.3% lower at Rs 1,841.25 apiece.
• Ambuja Cements (NS: ABUJ ): jumps 10% and ends 5.5% higher at Rs 352.55 apiece.

The market capitalization of all the listed companies of the ports-to-power conglomerate has plummeted almost $100 billion or around Rs 8.3 lakh crore, aggregating to 43% of the combined wealth of all the 10 Group stocks.

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