Tracking Adani Stocks: Adani Group shares plunge after U.S. bribery indictments

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Adani Group’s plunged up to 20% connected Thursday aft helium was indicted by U.S. prosecutors connected charges helium duped investors successful a star vigor task successful India by concealing that it was being facilitated by an alleged bribery scheme.

In an indictment unsealed by national prosecutors successful New York connected Wednesday (November 20, 2024), Gautam Adani, 62, was charged with securities fraud and conspiracy to perpetrate securities and ligament fraud.

Also read: Gautam Adani U.S. indictment LIVE

The flagship institution Adani Enterprises witnessed a crisp diminution of 20% successful its stock value, portion Adani Energy Solutions experienced an identical drop. Adani Green Energy saw a simplification of 19.17%, Adani Total Gas decreased by 18.14%, Adani Power fell by 17.79%, and Adani Ports registered a 15% diminution connected the BSE.

Ambuja Cements and ACC besides recorded a important autumn of 14.99% and 14.54% respectively. NDTV shares fell by 14.37%, portion Adani Wilmar recorded a 10% alteration successful its value.

Adani Enterprises

Adani Green Energy

Adani Power Limited

Adani Total Gas

Adani Transmission

Adani Wilmar

Adani Ports and Special Economic Zones

ACC

Ambuja Cements

NDTV

Published - November 21, 2024 04:12 p.m. IST

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