Adani Gas down 74% in 6 months, Serum Institute most valued unlisted firm

The valuation of Adani Group’s eight companies have more than halved in the six months to April 2023 against just a 6 per cent decline in the top 500 non-government companies, according to the ‘Burgundy Private Hurun India 500-Special Report’, a list of the 500 most valuable non-state-owned companies in India.

Adani Total Gas lost 73.8% ( Rs 2,92,511 crore) and reached a value of Rs 1,03,734 crore, while Adani Transmission saw a decline of 69.2 per cent ( Rs 2,58,493 crore) while Adani Green Energy was down by 54.7 percent ( Rs 182, 306 crore) in the same period, said the report.