NEW DELHI: The shares of Adani Group companies suffered a massive jolt on Monday. All stocks of the group hit their respective lower circuit limits during the trade resulting in massive loss of more than $6 billion in one day.
Adani Enterprises — the flagship company of Adani Group — closed 6.3 per cent or 100 points lower at Rs 1,501. Its shares had plunged as much as 25 per cent in morning trade — dipping to as low as Rs 1,201, its steepest fall in nearly a decade.
Among others, Adani Green Energy dipped 4.13 per cent to close at Rs 1,176, Adani Total Gas fell 5 per cent to Rs 1,545, Adani Transmission declined 5 per cent to Rs 1,517 and Adani Power slumped 4.99 per cent to Rs 141.
