Adani Group lost Rs 2.26 lakh crore in one day, how will its credibility be saved?

Gautam Adani and his company have been accused of bribery by American prosecutors. Due to this, there was a big fall in the shares of Adani Group. Due to this decline, Adani Group has suffered a loss of Rs 2.26 lakh crore till the closing of the stock market. The market cap of Adani Enterprises suffered the maximum loss of more than Rs 76 thousand crore. After this report from America, Adani had to cancel the bond. On the other hand, Moody’s has reduced the credit rating of Adani Group to negative. If we talk about the overall market, a decline of 422 points has been seen. Let us also tell you how much loss the Adani Group has suffered.

How much did Adani Group shares fall?

1. Adani Enterprises shares closed at Rs 2,182.55 with a fall of 22.61 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 2,155. A day ago the company’s shares had closed at Rs 2,820.20.
2. Shares of Adani Port and SEZ closed at Rs 1,114.70 with a decline of 13.53 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 993.85. A day ago the company’s shares had closed at Rs 1289.05.
3. Adani Power shares closed at Rs 476.15 with a decline of 20 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 430.85. A day ago the company’s shares had closed at Rs 524.10.
4. Adani Energy Solutions shares closed at Rs 697.70 with a decline of 20 percent. This is also the company’s lower level of the day during the trading session. A day ago the company’s shares had closed at Rs 872.10.
5. Adani Green Energy shares closed at Rs 1,146.40 with a decline of 18.80 percent. During the trading session, the company’s shares also touched the day’s low of Rs 1,133. A day ago the company’s shares had closed at Rs 1411.75.
6. Adani Total Gas shares closed at Rs 602.35 with a decline of 10.40 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 550.25. A day ago the company’s shares had closed at Rs 672.25.
7. Adani Wilmar shares closed at Rs 294.45 with a decline of 10 percent. During the trading session, the company’s shares also reached the day’s lower level at Rs 294.40. A day ago the company’s shares had closed at Rs 327.10.
8. Shares of cement company ACC Limited closed at Rs 2,025.80 with a decline of 7.29 percent. During the trading session, the company’s shares also reached the day’s lower level at Rs 1,867.15. A day ago the company’s shares had closed at Rs 2,185.05.
9. Shares of cement company Ambuja Cement closed at Rs 483.75 with a decline of 12 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 452.90. A day ago the company’s shares had closed at Rs 549.60.
10. Shares of media company NDTV closed at Rs 169.25 with a decline of 0.06 percent. During the trading session, the company’s shares also reached the day’s lower level of Rs 145. A day ago the company’s shares had closed at Rs 169.35.

How much loss was caused to the market of Adani Group companies?

1. The market cap of Adani Enterprises suffered a loss of up to Rs 76,314.42 crore during the trading session. Due to which the market cap of the company has reduced from Rs 3,25,502.04 crore to Rs 2,49,187.62 crore.
2. Adani Port and SEZ suffered a loss of up to Rs 37,662.02 crore during the trading session. Due to which the market cap of the company has reduced from Rs 2,78,452.71 crore to Rs 2,40,790.69 crore.
3. Adani Power suffered a loss of up to Rs 18,719.52 crore during the trading session. Due to which the market cap of the company has reduced from Rs 2,02,367.67 crore to Rs 1,83,648.15 crore.
4. Adani Energy Solutions suffered a loss of up to Rs 20,950.36 crore during the trading session. Due to which the market cap of the company has reduced from Rs 1,04,763.85 crore to Rs 83,813.49 crore.
5. Adani Green Energy suffered a loss of up to Rs 41,916.16 crore during the trading session. Due to which the market cap of the company has reduced from Rs 2,23,509.64 crore to Rs 1,81,593.48 crore.
6. Adani Total Gas suffered a loss of up to Rs 7,687.67 crore during the trading session. Due to which the market cap of the company has reduced from Rs 73,934.73 crore to Rs 66,247.06 crore.
7. Adani Wilmar suffered a loss of up to Rs 4,243.44 crore during the trading session. Due to which the market cap of the company has reduced from Rs 42,512.48 crore to Rs 38,269.04 crore.
8. ACC Limited suffered a loss of up to Rs 2,990.51 crore during the trading session. Due to which the market cap of the company has reduced from Rs 41,032.45 crore to Rs 38,041.94 crore.
9. Ambuja Cement suffered a loss of up to Rs 16,046.53 crore during the trading session. Due to which the market cap of the company has reduced from Rs 1,35,200.13 crore to Rs 1,19,153.60 crore.
10. NDTV suffered a loss of up to Rs 0.64 crore during the trading session. Due to which the market cap of the company has reduced from Rs 1,091.82 crore to Rs 1,091.18 crore.
11. This means that by the end of the stock market, Rs 2,26,531.27 crore had sunk in the market cap of Adani Group. Due to which the market cap of the group came down from Rs 14,28,367.52 crore to Rs 12,01,836.25 crore.

Stock market closed with decline

On the other hand, a decline was also seen in the stock market. According to the data, Bombay Stock Exchange’s main index Sensex closed at 77,155.79 points with a fall of 422.59 points. During the trading session, the Sensex had reached the day’s lower level with 76,802.73 points. An increase was seen in Sensex a day ago. On the other hand, the main index of National Stock Exchange, Nifty, saw a decline of 168.60 points and closed at 23,349.90 points. During the trading session, Nifty reached the day’s low of 23,263.15 points.