The crash in Adani group stocks on 14th June rattled investors. Learn more about the group companies' financial standing with our exclusive tools and features.
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: