Adani stock crash deepens as investors lose another Rs 40,000 crore

NEW DELHI: The crisis in Adani Group stocks deepened further on Wednesday, with all 10 stocks from billionaire Gautam Adani’s empire under selling pressure. Today’s loss in market valuation was worth around Rs 40,000 crore.

The ports-to-power conglomerate’s flagship entity Adani Enterprises was the top loser in the pack and was down over 7%. Four other group stocks – Adani Transmission, Adani Total Gas, Adani Wilmar, and Adani Green – were locked in their 5% lower circuit limits.