Shares of Adani Group firms were trading in the negative zone on Wednesday morning, falling for the fifth consecutive day, amid concerns over US-based short seller Hindenburg Research’s report.
For the fifth consecutive day, shares of Adani Total Gas slumped 10 per cent, Adani Power (4.98 per cent), Adani Green Energy (3.55 per cent), Adani Transmission (2.98 per cent), Adani Wilmar (2.23 per cent), Adani Ports and Special Economic Zone (2.11 per cent).
Shares of Adani Enterprises plunged over 5 per cent despite the company’s Rs 20,000-crore share sale sailed through on the last day on Tuesday after non-retail investors bid in big volumes.
