
Adani Group Loses Over Rs 1 Lakh Crore After NSDL Freezes 3 FPI Accounts; Company Terms Reports As 'Market Speculations'
ABP NewsMumbai: In what could put a break to Gautam Adani from becoming Asia's richest and bull run of Adani Group shares, the National Securities Depository Ltd has frozen the accounts of three foreign funds that together own shares worth Rs 43,500 crore in four Adani Group companies. Reacting to the news, shares of six Adani Group listed firms eroded over Rs 1 lakh crore of market capitalization as shares of Adani Group's flagship firm Adani Enterprises and Adani Port, and SEZ fell by 20% on Monday morning while Adani Power, Adani Transmission, Adani Green Energy, and Adani Total Gas shares fell by 5%. The fall in market capitalization of Adani Group listed stocks has made Gautam Adani poorer by $6.3 billion as his fortune plunged to $68.6 billion as of June 14, widening the gap with Asia's richest Mukesh Ambani with a fortune of $85.8 billion, according to Forbes Real-Time Billionaires list. A sharp rally in the shares of some Adani Group companies had added more than $40 billion to Gautam Adani's wealth this year, making him Asia's second-richest person.
History of this topic

Adani Energy Solutions wins ₹2,800 crore transmission project in Gujarat; stock jumps over 3%
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Despite being targeted by Hindenberg, Indian opposition, and even the Biden administration, Adani Group companies achieve increased profit
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The Hindu
Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
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Explained: Why Adani Wilmar share price fell over 9% today
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Adani Wilmar stocks recover as share price rises 5% in ealry trade
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Adani Wilmar share price cracks 8% as Adani Enterprises to exit JV with Wilmar group
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Adani Enterprises to sell entire Adani Wilmar stake in $2 billion deal
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Adani Group stocks rally up to 8%; Adani Green Energy, Adani Power among top gainers from the pack
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Adani Group in early talks with investors, lenders to refinance $1.1 billion green energy arm loans
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Shares of 6 Adani Group companies, out of 11 listed, decline in mid-session deals
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Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
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Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
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Adani Green Energy shares jump 9% in morning trade
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Adani Green Energy share price rises 9%: Here are key factors driving 50% gains for the stock in 4 sessions
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Explained: Why Adani Green Energy share price rose 9% today
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Adani shares register first weekly gain since Sept. Experts recommend these three stocks to buy
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Adani Power Share Price Today on 29-11-2024: Adani Power share price are down by -1.11%, Nifty up by 0.88%
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Adani Ent Share Price Today on 29-11-2024: Adani Ent share price are down by -0.72%, Nifty up by 0.78%
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Adani Green Energy Share Price Today on 29-11-2024: Adani Green Energy share price are up by 10.65%, Nifty up by 0.88%
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Adani group stocks gain up to 14% for third day in a row: Adani Green Energy , Adani Energy Solutions lead the gains
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