Adani shares: The Adani Group suffered heavy losses after the stock markets opened on Monday. It may be a black day for them. The fall in Adani shares started with a new report revealed by Hidenburg. Previously, Hidenburg had released a report on Adani companies. Hidenburg said the report is being released only after a full survey. In this background, Adani suffered a lot. Recently, Hidenburg Research has released a report in the name of irregularities on Adani companies in the same manner. The company has announced that they are going to tell something sensational in India. But once again Adani released a report on the company itself. On Monday, the shares of Adani started with a loss of 17 percent. As soon as the market opening time started at 9.15 am, the fall of Adani's shares started suddenly. And Adani Energy Solutions suffered a loss of around 17 percent on the Bharat Stock Exchange. At present this value is still in the red. At 9.30 am the Indian stock market lost 2.59 percent to Rs. Continuing at 1,075.45.
On the other hand, all shares related to the Adani group fell. Adani Total Gas lost 1.5 percent. Shares of Adani Power and Adani Wilmar fell around 3 percent each. And Adani Enterprises fell by more than 2 percent. Similarly, Adani Green Energy also fell by 2.50 percent. Another dark day for Adani.
Hidenburg released a report targeting Adani Group in 2023. They have released their research report saying that large-scale irregularities have taken place in these companies. Even at that time, thousands of crores of Adani's wealth evaporated. Adani shares are falling rapidly once again. And in 2023, Adani's shares fell by almost 80 percent. And the total market cap had to see a loss of more than 150 million dollars.
But this time it is noteworthy that the Sebi chief has been dragged into the irregularities of the Adani group. Seb chief Madhavi Puri and her husband Dhaval Bach made big investments in 2015 in connection with some Bermuda and Mauritius funds managed by Gautam Adani's brother Vinod Adani. According to Indian currency, about Rs. 83 crore is alleged to have a share in it. But Madhavi, who was a permanent member of SEBI in 2017, was appointed as the chairperson in 2022.
Hidenburg's main allegation now is that there was a lack of transparency in the earlier investigation into the Adani Group because of its stake. But this was denied by Adani Group along with Madhuri Puri. It is clear that these are baseless false propaganda. But Hidenburg seems to have once again dealt a heavy blow to the Adani Group. Although there seems to be some recovery, the shares of this company fell sharply.
