Panic in Adani Group shares, stocks decline up to 20 percent

Adani Group Stocks: Due to allegations of bribery and fraud in the US against Adani Group chairman and the country's second richest industrialist Gautam Adani, the listed stocks of Adani Group in the Indian stock market have fallen flat.

Adani Group stocks are seeing a decline of up to 20 percent. Adani Energy Solutions' stock has opened with a decline of 20 percent and the stock has hit a lower circuit.

Sharp decline in Adani shares

While the stock of the group's flagship company Adani Enterprises has fallen by 10 percent to Rs 2539 and this stock has also hit a lower circuit. Adani Ports is also seeing a decline of 10 per cent, Ambuja Cement 10 per cent, Adani Power 16 per cent.

Stock also hit a lower circuit

As soon as the stock market opened on Thursday, November 21, 2024, Adani Group shares were in mourning. Shares of all the 10 listed companies of the group fell sharply. Adani Energy Solutions stock fell 20 per cent to Rs 697.70 and a lower circuit has been applied in the stock.

Shares of all the 10 listed companies

Adani Total Gas stock fell 14 per cent to Rs 577.80, Adani Green Energy stock fell 18 per cent to Rs 1159, ACC stock fell 10 per cent to Rs 1966.55 after a lower circuit was applied. Ambuja Cement has also fallen by 10 percent and the stock has hit a lower circuit.

Ambuja Cement shares also fallen

Adani Ports & SEZ stock has also fallen by 10 percent to Rs 1160, Adani Wilmar stock is trading at Rs 301, down by 8 percent. NDTV stock has fallen by 9.94 percent to Rs 152.02. Adani Power stock has fallen by 15.34 percent to Rs 443.70. Adani Enterprises stock has fallen by 10 percent to Rs 2539, and this stock has also hit a lower circuit.

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