New Delhi:The Adani group’s disaster began last Wednesday. On the same day, the American company Hindenburg Research published a report against the Indian industry group with a series of allegations.
The Adani group’s debacle in the stock market continues. Indian billionaire Gautam Adani’s industrial group is facing continuous losses. The company also lost shares worth Rs 1 lakh crore on Monday.In all, in the last three trading sessions, the Adanis lost a capital of Rs 5,60,000 crore.The Adani group’s disaster began last Wednesday. On the same day, the American company Hindenburg Research published a report against the Indian industry group with a series of allegations. It was said that the Adanis had become rich by rigging. Much of their position in the stock market is artificial.Since then, the Adani group has suffered losses. Their shares have collapsed. The price continues to fall. In fact, due to the influence of the Hindenburg report, Adani has dropped to the ten position in the list of the world’s richest people. A week ago, he was third on the list.Now at 10th position.
At present, Adani’s assets are worth Rs 7,20,000 crore. He is slightly ahead of another Indian billionaire Mukesh Ambani. Ambani and Adani’s wealth difference is Rs 33,000 crore