Business / Adani market cap fell again some stocks were in lower circuit and some were under heavy pressure

Adani Share Price: There has been a huge upheaval in the stock market today. While Sensex and Nifty were trading with losses in the first half of the market, there was recovery in Sensex and Nifty in the second half of the market and both closed on the green mark. Along with this, a huge decline was seen in the shares of Adani Group today. Some shares of Adani Group closed with lower circuit while some shares were seen under pressure. Adani Group has reacted to the Hindenburg Report, which had a mixed effect on the market. Due to which the share price of Adani Enterprises of Adani Group has increased. However, apart from this, fall has been seen in many Adani shares.

market cap dropped

Adani's market cap fell by Rs 4.2 lakh crore in two heavy days. On the other hand, the blood bath in Adani's shares continued for the third day on Monday. Adani's total market cap fell by Rs 5.5 lakh crore in just three trading sessions. In Monday's session, investors lost up to Rs 1.4 lakh crore in Adani's shares.

Adani Enterprises

The stock of Adani Enterprises saw a rise today and the stock closed at Rs 2869.85 with a gain of Rs 108.40 on the NSE. Its market cap increased by Rs 13,263.91 crore to Rs 3,28,149.32 crore today, compared to Rs 3,14,885.41 crore on January 27.

Adani Total Gas

Adani Total Gas hit a lower circuit of 20 percent today. The stock closed at Rs 2342.40, down 585.60 on the NSE. Its market cap stood at ₹2,58,196.91 crore at the end of Monday as compared to ₹3,22,744.77 crore on January 27. A loss of Rs 64,547.86 crore has been seen in this.

Adani Green Energy

Adani Green Energy also closed on the lower circuit of 20 percent today. The share price fell by 297.25 points to 1189 on NSE. Its market cap has declined by Rs 47,014.08 crore. The market cap of the company as on January 27 was Rs 2,35,149.62 crore. The market cap of the company on Monday stood at Rs 1,88,135.54 crore.

Adani Transmission

Adani Transmission showed lower circuit throughout the day. The share price fell to Rs 1611.40 on the NSE. However, there was a slight recovery in the stock in the last minute. Along with this, Adani Transmission closed at 1707.35 points with a fall of 306.85 points (15.23%). Its market cap declined by Rs 33,420.16 crore and stood at Rs 1,90,760.4 crore. Its market cap on Friday last week was Rs 2,24,180.56 crore.

Adani Ports

Adani Ports finally closed at 600.80 on the NSE with a gain of 3.85 points (0.64%). The company has lost ₹ 378.03 crore in market cap as compared to 27 January and now the market cap of the company is ₹ 1,28,927.89 crore as compared to ₹ 1,29,305.92 crore.

Adani Wilmar

Adani Wilmar hit a lower circuit of 5 percent today. The stock closed at Rs 491, down 25.85 points on the NSE. Its market cap fell by Rs 3,359.66 crore to Rs 63,872.71 crore from Friday of last week's Rs 67,232.37 crore.

Adani Power

Adani Power also saw a decline today. The stock fell 12.40 points to close at Rs 235.55 with a lower circuit of 5 per cent. Its market cap declined by ₹4,782.6 crore to ₹90,888.77 crore by the end of Monday's session. Its market cap on Friday last week was Rs 95,671.37 crore.