Adani Group lost Rs 2.26 lakh crore in a day, how will its credibility be saved?

Adani Group Chairman Gautam Adani

Gautam Adani and his company have been accused of bribery by US prosecutors. Due to this, there was a huge drop in the shares of Adani Group. Due to this decline, Adani Group has suffered a loss of Rs 2.26 lakh crore till the close of the stock market. Adani Enterprises’ market capitalization suffered the maximum loss of over Rs 76,000 crore. After this report from America, Adani had to cancel the link. On the other hand, Moody’s has downgraded the Adani Group’s credit rating to negative. If we talk about the market in general, a drop of 422 points has been observed. Let us also tell you how many losses the Adani Group has suffered.

How much did Adani Group shares fall?

1. Shares of Adani Enterprises closed at Rs 2,182.55 down 22.61 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 2,155. A day ago, the company’s shares closed at Rs 2,820.20.
2. Shares of Adani Port and SEZ closed at Rs 1,114.70 down 13.53 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 993.85. A day ago, the company’s shares closed at Rs 1,289.05.
3. Shares of Adani Power closed at Rs 476.15 down 20 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 430.85. A day ago, the company’s shares closed at Rs 524.10.
4. Shares of Adani Energy Solutions closed at Rs 697.70 down 20 per cent. This is also the company’s lowest level of the day during the trading session. A day ago, the company’s shares closed at Rs 872.10.

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5. Shares of Adani Green Energy closed at Rs 1,146.40 down 18.80 per cent. During the trading session, the company’s stock also touched the day’s low of Rs 1,133. A day ago, the company’s shares closed at Rs 1,411.75.
6. Shares of Adani Total Gas closed at Rs 602.35 down 10.40 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 550.25. A day ago, the company’s shares closed at Rs 672.25.
7. Shares of Adani Wilmar closed at Rs 294.45 down 10 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 294.40. A day ago, the company’s shares closed at Rs 327.10.
8. Shares of cement company ACC Limited closed at Rs 2,025.80 down 7.29 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 1,867.15. A day ago, the company’s shares closed at Rs 2,185.05.
9. Shares of cement company Ambuja Cement closed at Rs 483.75 down 12 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 452.90. A day ago, the company’s stock closed at Rs 549.60.
10. Shares of media company NDTV closed at Rs 169.25 down 0.06 per cent. During the trading session, the company’s stock also touched the day’s lowest level of Rs 145. A day ago, the company’s stock closed at Rs 169.35.

How much loss was caused to the market by Adani Group companies?

1. The market capitalization of Adani Enterprises suffered a loss of as much as Rs 76,314.42 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 3,25,502.04 crore to Rs 2,49,187.62 crore.
2. Adani Port and SEZ suffered a loss of up to Rs 37,662.02 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 2,78,452.71 crore to Rs 2,40,790.69 crore.
3. Adani Power suffered a loss of as much as Rs 18,719.52 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 2,02,367.67 crore to Rs 1,83,648.15 crore.
4. Adani Energy Solutions suffered a loss of as much as Rs 20,950.36 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 1,04,763.85 crore to Rs 83,813.49 crore.
5. Adani Green Energy suffered a loss of as much as Rs 41,916.16 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 2,23,509.64 crore to Rs 1,81,593.48 crore.
6. Adani Total Gas suffered a loss of up to Rs 7,687.67 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 73,934.73 crore to Rs 66,247.06 crore.
7. Adani Wilmar suffered a loss of up to Rs 4,243.44 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 42,512.48 crore to Rs 38,269.04 crore.
8. ACC Limited suffered a loss of as much as Rs 2,990.51 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 41,032.45 crore to Rs 38,041.94 crore.
9. Ambuja Cement suffered a loss of as much as Rs 16,046.53 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 1,35,200.13 crore to Rs 1,19,153.60 crore.
10. NDTV suffered a loss of up to Rs 0.64 crore during the trading session. Due to which, the market capitalization of the company has reduced from Rs 1,091.82 crore to Rs 1,091.18 crore.
11. This means that at the end of the stock market, Rs 2,26,531.27 crore had sunk in the market capitalization of Adani Group. Due to which, the market capitalization of the group went down from Rs 14,28,367.52 crore to Rs 12,01,836.25 crore.

Stock market closed with a fall

On the other hand, a drop was also observed in the stock market. According to the data, the main index of the Bombay Stock Exchange, Sensex, closed at 77,155.79 points with a fall of 422.59 points. During the trading session, the Sensex hit the lowest level of the day at 76,802.73 points. An increase in Sensex was observed a day ago. On the other hand, the main index of the National Stock Exchange, Nifty, registered a fall of 168.60 points and closed at 23,349.90 points. During the trading session, Nifty hit the day’s low of 23,263.15 points.