Adani group of companies like Adani Power to Adani Ports are in trade red, these stocks have lost upto INR 52,000 Market Capitalization on deals. As per the BLOOMBERG report the company facing issues from the Hindenberg acquisition.
The US regulatory make an inquiry about the Adani Group of companies for manipulating share prices. As per the stock market expert, All Adani group shares values declined due to the US regulators enquiring about the share price manipulation. Read, the full article to know more details.
Important Factors For Adani Group Shares Fall Down
- As, per the Hindenberg report the company manipulated its share values using offshore shell companies
- US regulatory representation is enquiring about all Adani Group shares
- They need brief verification about All Adani Group company’s debt positioning
Due, to this regulatory inquiry process many investors are selling their stocks. After the strong sell of during this morning all ten Adani group shares face a huge loss which is INR 52,000 Cr which is the biggest loss in the last four months.
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What is the Current Market Price of Adani Enterprises?
The CMP of Adani Enterprises is Rs.2233.55, and you can check the updated value by clicking the link.
Adani Shares is good for long-term investment?
As, per the expert analysis the company shares is good for long term investment.