Agriculture and Business

The upheaval in Adani Group shares saw the company's price drop by 20 percent in 45 minutes

The stock market is bullish today, but the decline in Adani Group shares is showing no signs of stopping. According to reports from the US, Adani Enterprises will be delisted from the Dow Jones Index before February 7. Crisil, in a statement issued late at night, said that in view of the research report, any adverse regulatory or government action, emerging issues related to corporate governance may be monitored. Also, it will watch for any deterioration in the group's ability to raise resources from banks or the capital markets due to a sustained fall in share prices. After that, Adani Group's shares have fallen by 5 to 20 percent.
Shares of Adani Enterprises are down 20 percent with the company trading at Rs 1251.80, down Rs 312.90.
Shares of Adani Port and SEZ fell 6.74 percent to Rs 430.85.
Adani Power shares closed lower by 5 percent and traded at Rs 192.05.
Shares of Adani Transmission are in the 10 percent lower circuit and the price has dropped to Rs 1401.55.
The stock of Adani Green Energy hit the lower circuit of 10 percent and fell to Rs 934.25.
Shares of Adani Total Gas hit the lower circuit by 5 percent to settle at Rs 1625.95.
Adani Wilmar's stock is in the lower circuit of 5 percent, falling to Rs 400.40.

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