Stay updated with breaking news from Adani. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Adani Enterprises and Adani Ports & Special Economic Zone cracked around 7%., while Adani Power, Adani Wilmar, ACC, Ambuja Cements, and New Delhi Television shed up to 5%. The fall in the group stocks was amid weakness in the overall market.
Gautam Adani’s personal net worth went down by Rs 64638 crore in a day but as per Forbes, he still has a massive net worth of Rs 631469 crore.
Gautam Adani: The Union Cabinet, chaired by PM Modi, recently approved the establishment of these units that are set to generate direct employment of 20,000 advanced technology jobs and nearly 60,000 indirect jobs.
The conglomerate plans to highlight its ability to service debt through prudent financial planning, operational efficiency, and strategic asset monetization while also addressing any concerns relating to the Hindenburg crisis
The sectors that saw the most significant promoter selling included financial services, power, automobiles, metals & mining, and technology.