{"id":420566,"date":"2021-06-15T11:19:41","date_gmt":"2021-06-15T05:49:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420566"},"modified":"2021-06-15T12:24:23","modified_gmt":"2021-06-15T06:54:23","slug":"why-shares-of-adani-group-plunged-sharply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-shares-of-adani-group-plunged-sharply\/","title":{"rendered":"Why shares of Adani Group plunged sharply"},"content":{"rendered":"<p>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. <\/p>\n<p>Adani Enterprises &#8212; the flagship company of Adani Group &#8212; 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 &#8212; dipping to as low as Rs 1,201, its steepest fall in nearly a decade. <\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8212; the flagship company of Adani Group &#8212; 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 &#8212; 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 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-420566","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420566"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420566\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}