MUMBAI & NEW DELHI, August 12, 2024 (TBINN)
All the 10 Adani group stocks slumped in early trade today, with Adani Energy tumbling 17 per cent, after United States’ short-seller Hindenburg Research alleged that S.E.B.I. chairperson Madhabi Puri Buch and her husband had undisclosed investments in obscure offshore funds in Bermuda and Mauritius, the same entities allegedly used by Vinod Adani to round-trip funds and inflate stock prices.
Adani Energy Solutions nose-dived 17 per cent, Adani Total Gas tanked 13.39 per cent, N.D.T.V. plunged 11 per cent and Adani Power dropped 10.94 per cent on the B.S.E.
Stocks of Adani Green Energy declined 6.96 per cent, Adani Wilmar slumped 6.49 per cent, Adani Enterprises tumbled 5.43 per cent, Adani Ports dived 4.95 per cent, Ambuja Cements skidded 2.53 per cent and ACC dipped 2.42 per cent.
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