Adani Group ’s 10 listed companies suffered a mixed erosion of ₹51,294.04 crore of their market valuation on February 22, 2023. File
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Shares of Adani Enterprises tumbled 10.4% on the BSE on Wednesday to shut at ₹1,404.85 after a put up in Wikipedia’s on-line day by day ‘The Signpost’ alleged that an worker of the Adani Group had possible manipulated details about the group in entries on the volunteer-contributed on-line encyclopedia.
Other Adani Group shares additionally slumped.
The conglomerate’s 10 listed companies suffered a mixed erosion of ₹51,294.04 crore of their market valuation on Wednesday, Press Trust of India reported.
Shares of Adani Ports declined 6.25%, whereas these of Adani Power, Adani Transmission, Adani Total Gas, Adani Green Energy and Adani Wilmar slumped by 5%, or nearly 5%, every.
In the broader market, the BSE Sensex fell 927.74 factors, or 1.5%, to settle at 59,744.98 factors.
Adani Group shares have taken a beating on the exchanges after U.S.-based short-seller Hindenburg Research final month alleged that the group had indulged in fraudulent transactions and share-price manipulation. The Adani Group has refuted all of the allegations as false and deceptive.
Also Read | How a lot has the Adani group misplaced because the Hindenburg report?
