Gautam Adani’s Adani Group has wiped out ₹3 lakh crore of investor wealth this year — but can this money be recovered?
In FY25, Adani Group stocks have seen a decline of up to 21%.
Due to this major fall, the group has lost ₹3.4 lakh crore in market capitalization.
Talking about individual companies, the biggest drop was seen in Adani Green Energy.
The crash was so massive that its market cap fell from ₹2.9 lakh crore to ₹1.46 lakh crore.
Apart from this:
Adani Enterprises is down 27%,
Adani Total Gas, Adani Energy Solutions, and ACC have all declined between 18% to 48%.
But when did this crash begin?
The crash began gradually at the start of FY25,
but it intensified after news broke about a $265 million bribery case and fresh allegations from Hindenburg.
The Adani Group has claimed that all these allegations are false,
but the market is still in wait-and-watch mode.
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