Delhi: The Adani Group, owned by Gautam Adani, has suffered huge losses in recent times. Shares of Adani Group declined for the seventh day in a row on Friday (February 3). This fall has created excitement among investors. On Friday, February 3, the company’s shares are in the lower circuit. Adani shares have declined by 66% in the last five days of this week. Gautam Adani’s property has also seen a big decline. According to a new report, Gautam Adani has dropped out of the top-20 of the rich. Gautam Adani’s wealth has also decreased significantly. Adani’s fortunes have declined drastically after the Hindenburg Report. According to the latest data, now Gautam Adani is out of the top-20 richest people in the world and Adani has now come at the 22nd position in the Bloomberg Billionaires Index.
Loss of $10.7 billion in the last 24 hours
Adani’s assets have now come down to $61.3 billion. Adani has lost $ 10.7 billion in the last 24 hours. Shares of Adani group companies have fallen drastically in the last two weeks. Due to this, there was a lower circuit on the shares many times. Adani’s net worth is continuously declining due to heavy selling in shares of Adani companies. Shares of Adani Enterprises fell by 35 per cent in the stock market today. Today the company’s stock has fallen by Rs 547.80 and is trading at Rs 1,017.45.
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NSE monitors shares of three companies of Adani Group
NSE (National Stock Exchange) has monitored the shares of three companies of Adani Group. This decision has been taken to prevent volatility in the stock market. Adani Group’s holdings Adani Enterprises, Adani Ports and Ambuja Cements are placed under ASM. NSE expects this to help curb volatility.