Adani Group Stocks Price Today : The bad times for Adani Group shares seem to have started once again. There is a huge fall in the shares of Gautam Adani Group in today’s business. The condition of Adani Group shares has turned bad today, November 21, after US Federal Prosecutors filed bribery charges against Adani Group founder Gautam Adani. Shares of group companies have fallen by 20 percent intraday. Lower circuit has been installed in many.
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Which stock declined by how much?
A lower circuit of 10 percent has been imposed in Adani Enterprises, the flagship company of Adani Group. At the same time, 10 percent lower circuit has been installed in Adani Ports also. There is a lower circuit of 20 percent in Adani Energy Solutions, while there is a decline of 13 percent in Adani Total Gas and NDTV. Adani Power has fallen by 12 percent while Adani Wilmar has fallen by 9 percent. Esasi and Ambuja Cement have weakened by 13 percent. Adani Green Energy has weakened by 18 percent.
Adani Enterprises: 10%
Adani Ports and Special Economic Zone : 10%
Adani Energy Solutions: 20%
Adani Total Gas : 13%
Adani Power: 12%
Adani Wilmar: 9%
Adani Green Energy: 18%
New Delhi Television: 13%
ACC Ltd: 13%
Ambuja Cements: 13%
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what is the matter
In fact, the troubles of Adani Group Chairman Gautam Adani have increased once again. In the New York court in America, seven people including Gautam Adani have been accused of bribery and fraud worth $250 million. All of them, including Gautam Adani, have been accused of paying bribes of more than $250 million to officials to get the next $2 billion solar power plants project.
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investigation was already underway
New York prosecutors in the US have alleged that Gautam Adani and others have lied while trying to raise money from American investors. Sagar Adani, executive director of Adani Group company Adani Green Energy, and Nivit Jain, MD-CEO, have been accused of breaking American laws. According to Bloomberg report, US SEC officials were investigating whether the Adani Group had paid bribes to get the project.
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Apart from Gautam Adani, there are seven other people among the people against whom the US Attorney’s Office has filed charges in this case. These seven people include Sagar R Adani, Vineet S Jain, Ranjit Gupta, Rupesh Aggarwal, Deepak Malhotra, Saurabh Aggarwal and Cyril Cabanese.
