Gautam Adani | why Adani Share Falling , Hindenburg report on Adani, Adani stock price , Adani Net-Worth , World Third Richest Person, Adani.

Adani Group-Hindenburg Report: The report of forensic audit firm Hindenburg Research on billionaire Gautam Adani's group has created a stir in Adani Group as well as in the entire stock market. The company's market cap has fallen by more than 4 lakh crores within two days of the arrival of this report, which is the biggest scam in the corporate history of the group. Seven companies of Adani's Conglomerate Group are listed in the market and all the shares have crashed in these two days. After the report of debt on companies, the period of decline in the shares of Adani Group companies continues. Shares of Adani Total Gas and Adani Transmission have declined by 20-20%. This phase of decline started when forensic financial research firm Hindenburg in its report accused Adani Group of fraud. This has had a big impact on the Adani Group.

Adani's net worth has decreased by more than 10% since Wednesday i.e. in 3 days. According to the Bloomberg Billionaires Index, Adani has suffered a loss of more than Rs 1.32 lakh crore. The market cap of Adani's companies has also decreased, due to which investors have lost more than 3 lakh crores. Serious allegations on the group in the American report, including money laundering Forensic financial research firm Hindenburg said in a report released on Wednesday that all 7 major listed companies of Adani Group have high debt. The shares of all the group companies are also overvalued by more than 85%. Adani Group manipulated the shares. Fraud has been committed in accounting. Adani Group has been involved in market manipulation, accounting fraud and money laundering for several decades.

3 big impacts of this report on Adani Group 1. The total net worth has now reduced to $96.6 billion, ie Rs 7.88 lakh crore. 2. Adani Enterprises Limited's Rs 20,000 crore follow-on public offer (FPO) opened on Friday. The price band has been fixed at Rs 3 thousand 112 to Rs 3 thousand 276 per share. But today, due to the fall, the share of Adani Enterprises itself has come down to Rs 2,768. That is, there has been a decline of 18%. 3. Gautam Adani, owner of Adani Group, has slipped from fourth to seventh place in the Forbes rich list. His net worth was Rs 9.20 lakh crore on January 25, which came down to Rs 7.88 lakh crore on Friday. Know how much the shares of Adani Group companies fell Company declined today, declined in last 5 days Adani Ports -15.24% -22.84% Adani Wilmar -5.00% -7.05% Adani Power -5.00% -9.80% Adani Total Gas -20.00% 23.28% Adani Green Energy -20.00% -24.97% Adani Enterprises -18.31% -20.14% Ambuja Cement -16.63% -26.41% ACC -12.27% -20.46% NDTV -4.99% -11.36% There was a big fall on Wednesday as well On Wednesday, Adani Transmission closed down 8.08%, Adani Ports 6.13%, Adani Wilmar 4.99%, Adani Power 4.95%, Adani Total Gas 3.90%, Adani Green Energy 2.34% and Adani Enterprises 1.07%. Ambuja Cement, ACC 7.14% and NDTV 5.00%, were recently bought by Adani Group.

Adani Group's CFO Jugshinder Singh rubbishes the allegations Although Adani Group's Chief Financial Officer (CFO) Jugshinder Singh has called this report nonsense. Describing the report as factless, he said that the allegations made are baseless. This report is motivated by malicious intent. Hindenburg Research did not attempt to contact us or verify The Matrix. This report is full of misinformation. Adani group may take legal action against Hindenburg firm Adani Group is considering taking legal action against American research firm Hindenburg for damaging the share sale. Regarding legal action, Hindenburg said that he fully stands by his report and would welcome any legal action by the Adani Group. He further said that if Adani is serious, they should also file a lawsuit in the US, where we operate. We have a long list of documents sought in the legal process.

SEBI is investigating the report According to Reuters news, the Securities Exchange Board of India (SEBI) is now studying the Hindenburg report on Adani Group. Not only this, SEBI has sought details of the SPV used in the 'Adani-Holcim deal'. SEBI has intensified the investigation of all the deals done by Adani Group in the last one year. According to a Reuters report, SEBI is probing all the transactions done by the Adani Group in the listed space and has accelerated the investigation.