Adani Group Shares / Adani suffered record loss due to election results, lost Rs 3.64 lakh crore

Vikrant Shekhawat : Jun 05, 2024, 08:30 AM
Adani Group Shares: Exit polls, stock market and Adani shares boom. These things are 24 hours old. The new news is that Adani Group has suffered a record loss after the election results came out. The shares of all the 10 companies of the group have fallen sharply. Due to which the group's market cap may see a loss of Rs 3.64 lakh crore. Be it Adani Port or Adani Energy. You can also take Adani Enterprises here. In which a decline of 19 to 21 percent has been seen. The special thing is that many shares of Adani Group were seen trading close to the lower circuit. Let us see what kind of figures are being seen in the shares of Adani Group after the stock market closed. Big fall in Adani shares

At the end of trading, Adani Ports' stock plunged 21.26 percent, Adani Energy Solutions 20 percent, group's flagship company Adani Enterprises 19.35 percent, Adani Green Energy 19.20 percent. Adani Total Gas fell 18.88 percent, NDTV 18.52 percent, Adani Power 17.27 percent and Ambuja Cement 16.88 percent. At the same time, ACC's stock fell 14.71 percent and Adani Wilmar 9.98 percent. During trading, eight out of the 10 companies of the group had reached the lower circuit.

Shares fell by 25 percent

During trading, Adani Enterprises had reached the lower circuit of 25 percent. At the same time, Adani Ports fell 25 percent and Ambuja Cements fell 22.5 percent to reach the lower level of the circuit. Adani Power fell 20 percent and Adani Energy fell 20 percent to reach the lower circuit limit. Adani Green fell 20 percent and Adani Total Gas fell 19.89 percent. At the same time, NDTV fell 19.98 percent and ACC fell 19.69 percent to reach the lower circuit level. Adani Wilmar's stock also fell 10 percent to reach the lower circuit level.

Adani suffers huge loss

The market cap of 10 listed companies of Adani Group has come down by Rs 3,64,366.12 crore to Rs 15,78,346.79 crore. Whereas on Monday, the market capitalization of the listed companies of the group was Rs 19,42,712.91 crore. The special thing is that a day earlier, the market cap of the group saw an increase of more than Rs 1.50 lakh crore. During the trading session, the market cap of the group had crossed Rs 20 lakh crore. But no one was prepared for such a huge fall in the market today. After the exit poll figures came out, everyone was assuming that BJP would easily form the government on its own. But till late evening, the figure of NDA getting 300 seats is not even visible.

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