Adani Group Chairman Gautam Adani and other company officials were accused of fraud and bribery worth $265 million in the New York Court of America. After which a huge fall was seen in the shares of Adani Group on 21 November 2024. Then the next day i.e. even today the decline remained the same. Even in the last trading session of the week, shares of Adani Group opened with a big fall.
Starting with a big drop
As soon as the market opened on Friday, Adani Group shares fell by 8 percent. The biggest fall in today’s session was in the shares of Adani Green Energy which fell by 7.53 percent to Rs. Was born in 1060. Group majors Adani Enterprises and Adani Ports also opened down around 5 per cent.
Adani shares fall
Adani Green Energy shares fell 7.53 percent to Rs. 1060, Adani Enterprises shares fell 6.82 percent to Rs 1060. 2090, Adani Ports shares fell 5.32 percent to Rs 2090. 1055. Adani Power fell 5.27 percent to Rs. 451, Adani Total Gas fell 6.12 percent to Rs. 565, Adani Wilmar fell 4.86 percent to Rs. 280, Ambuja Cement fell 0.30 percent to Rs 280. 482 and ACC declined by 0.81 percent to Rs. 2009 is going on.
Adani’s net worth decreased?!
It is being told that due to the allegations against Adani Group in America, the market cap of Adani Group has reduced by Rs 2.20 lakh crore. Apart from this, Gautam Adani’s net worth has also decreased by $12 million. However, the allegations of fraud and bribery against Gautam Adani and Adani Green directors in this case were deemed unfounded by the US Department of Justice and the US Securities and Exchange Commission. The company said it would pursue all available legal options.