Rs 90,000 crore wiped off Adani Group stocks as shares fall

The shares of Adani Group companies fell up to 13% on Wednesday, wiping off Rs 90,000 crore from their combined market valuation by noon. 

All 10 Adani counters were trading in the red. Adani Green Energy was the top loser, tanking 13% to an intraday low of Rs 1,650 a share on the NSE. This is the biggest single day drop that shares of Adani Green Energy witnessed in 2024 so far.

Adani Enterprises and Adani Ports & SEZ were trading with losses of 5.5 per cent and 5.3 per cent, respectively.

Adani Energy Solutions, Adani Power, Adani Total Gas, NDTV and Adani Wilmar fell between 4 and 7 per cent.