Home Business Adani stocks continue to slide on Day 3 – Times of India

Adani stocks continue to slide on Day 3 – Times of India

0
Adani stocks continue to slide on Day 3 – Times of India


Mumbai: Despite a muted broader market, Adani group’s stocks continued to slide in Wednesday’s session as investors weighed in the negative impact of the latest Hindenburg Research‘s report that alleged that Sebi chairperson had investments in the same offshore fund that was used by a Adani family member to jack up stock prices. However, the impact of the report was not as severe as the first one.Adani group and Sebi chief had denied all of Hindenburg’s allegations.
Of the 11 Adani group’s stocks, Adani Wilmar and Adani Power both were down 2.2% each, and Adani Enterprises lost 1.7%. ddb dvs


NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version