All ten Adani Group stocks, from Ports, Enterprises to Total Gas and Adani Wilmar, and Cement majors ACC & Ambuja are trading with losses between 5% to 10% on Wednesday.
Adani Ports and Adani Enterprises feature among the top five losers on the Nifty 50 index. Both the stocks are trading with losses of over 8% each
Other stocks like Adani Total Gas, Adani Green Energy, Adani Wilmar, ACC, Ambuja Cements are also trading with significant losses in mid-week trading.
| Adani Group Stocks | Losses |
| Enterprises | -8.2% |
| Ports | -8.3% |
| Green Energy | -9.6% |
| Energy Solutions | -9% |
| Wilmar | -5.8% |
| Power | -5% |
| Total Gas | -9.7% |
| ACC | -7% |
| Ambuja | -6% |
| NDTV | -7.6% |
With today's drop, all Adani Group stocks have cumulatively lost ₹1.26 lakh crore in market capitalisation so far. However, that figure is 7.9% of the group's overall market cap of nearly ₹15.85 lakh crore as of closing on Tuesday.
Shares of Adani Enterprises are down for the seventh day in a row, while those of Adani Ports have shed over 10% in the last two trading sessions.
This is also the biggest single day drop that shares of Adani Green Energy have witnessed in 2024 so far.
Most other Adani Group stocks are down for the second day in a row.
Adani Group stocks are also declining in-line with the pain in the broader markets on Wednesday where the Nifty Midcap and Nifty Smallcap indices are down over 4% each. Both the broader market indices are down for the third day in a row.
First Published: Mar 13, 2024 11:46 AM IST
