Adani total gas stock crash 78 percent in 21 days 1 lakh decrease 22000 rupees share at new low – Business News India
read on the appAdani Group Stock Crash: After the Hindenburg controversy, almost all the shares of Adani Group have taken a big fall. During this period, the share price of all the
seven listed companies of the group has halved. Among these Adani Total Gas shares have broken the most. Shares of Adani Total Gas have plunged nearly 78% in last 21 trading days.
During this time this share has come down from Rs 3900 to Rs 876. That is, if an investor had invested Rs 1 lakh in this stock a month ago, his amount would have reduced to Rs
22,000. Prices are at new low of 52 weeksLet us tell you that the impact of the Hindenburg report has been such that the stock of Adani Total Gas is living in the lower circuit
every day. The company's shares remained in the lower circuit of 5% on Tuesday as well and closed at Rs 876. Its all-time high ie 52-week high is Rs 3,998.35. Let us tell you that
just a day before the Hindenburg report, the stock of this company of Adani Group had touched the highest level of 52 weeks. Its market cap has reduced by half at this time. It has
come down to Rs 96,656 crore. IT raid on this company's office, stir among investors, biggest fall in stock in 52 weeks
Gautam Adani's property decreasedLet us tell you
that on January 24, the American research company Hindenburg released a report regarding Adani. In this, Adani Group was accused of many serious allegations including manipulation
of shares and account fraud. However, Adani Group rejected all these allegations outright. But this controversy has caused great damage to Gautam Adani. Adani has slipped from
number 3 to number 26 in the list of billionaires. The market cap of all Adani Group companies has decreased by $ 130 billion.