Let us tell you that according to the report, the stock of companies of Adani Group is continuously declining. Adani Ports shares fell nearly 14% while Adani Transmission shares fell nearly 20% on Friday. Let us tell you that the shares of Adani Group companies started falling when Forensic Financial Research Form Hindenburg accused Adani Group of fraud in its report. After this allegation, the shares of Adani Group started falling.
Loss of more than Rs 1.44 lakh crore:
Significantly, Adani net worth has decreased by more than 10% in 3 days since last Wednesday, which is a loss of more than Rs 1.44 lakh crore. Let us tell you that the market of Adani companies has reduced considerably, due to which investors have suffered a loss of more than 2.75 lakh crores. Now this question must be arising in your mind that what allegation of fraud was made by Forensic Finance Form Hindenburg in its report, after which the shares of Adani Group started rolling?
Let us tell you that in the report released on Wednesday, Forensic Financial Research Ford Hindenburg said, "All the seven major listed companies of Adani Group have very high debt. Shares of all companies of the group have been overvalued by more than 85%. Adani Group Shares Adani Group has also been involved in market manipulation, accounting fraud and money laundering for several decades."
How much loss due to these declines of Adani:
After the loss of these allegations, the total net worth of Adani Group has been reduced to 97.5 billion-dollar i.e. 7.76 lakh crore rupees. Adani Enterprises Limited's 20 thousand crore FPO i.e. "Follow on Public Offer" opened on Friday. The price band was fixed at ₹ 3112 to ₹ 3276 per share but today due to fall Adani Enterprises share has come down to ₹ 2918….that is, it has registered a decline of about 14%.
On the other hand, if we talk about the list of the rich, then Gautam Adani, the owner of Adani Group, has slipped from the fourth number to the seventh number. Let us tell you that on January 25, Gautam Adani's network was ₹ 9.20 lakh crores, which fell to ₹ 7.7 lakh crores on Friday.
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