On June 14, 2021, Adani group stocks experienced a steep correction on reports of NSDL freezing the accounts of three foreign portfolio investors who together own about 5 per cent of the group's shares. Adani Enterprises and Adani Ports saw an erosion of 25 per cent and 19 per cent, respectively, in intra-day trade, while the rest of the four group companies saw their shares hit the 5 per cent lower trading limits. Later, the stocks recouped some losses as the company and NSDL came out with a clarification that the accounts continue to remain operative.
Interested in knowing more about Adani group stocks? The following pages on the Value Research website can help: