shares of these 4 companies of Adani Group were sold again, know two important reasons for the decline. The shares of these 4 companies of Adani Group were sold again, know two important reasons for the decline

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Photo:PTI Gautam Adani

Adani Group The process of continuous growth in the companies of the last several days has come to an end today. Today, selling is being seen in the shares of four companies of the group. Companies whose shares declined include Adani Enterprises, ACC, Adani Ports and SEZ, and Ambuja Cement. The stock of ADANI ENTERPRISES is trading at Rs 1,946, down 4.56% on BSE. At the same time, shares of ACC, Ambuja Cement and Adani Ports and SEZ declined by one to 2 per cent. Why has the shares of Adani Group come down, let us know.

Shares fell today due to these two reasons

1.According to the information given to the stock market by Adani Group, Adani Group has pledged the shares of its two companies Adani Transmission and Adani Green Energy with SBICAP Trustee. Adani Group has had to do this to support the loans of Adani Enterprises. According to regulatory filings, 0.99% of Adani Transmission and 0.76% of Adani Green Energy are pledged. As per the current market price, these shares are worth around Rs 1700 crore. Due to this, pressure is being seen on the shares of many group companies today. Let us tell you that in recent times, Adani Group has redeemed the shares of many companies by repaying the loan ahead of time.

2. Apart from this, NSE has placed Adani Enterprises, Adani Power and Adani Wilmar in the Short-Term Additional Surveillance Mechanism Framework (Special Monitoring) from Thursday. Its negative impact has also been seen on the stock of group companies. Recently, NSE and BSE had taken Adani Enterprises out of the short-term Additional Surveillance Measures (ASM) framework.

Gautam Adani’s long jump in the list of rich

Gautam Adani has made a big jump in the list of rich due to the boom in Adani Group companies. According to the Bloomberg Billionaire Index, Gautam Adani’s wealth has increased to $ 54 billion. With this, he has reached the 22nd position in the list of rich. Let us tell you that at the end of February, his wealth had come down to $ 37.7 billion and he had come at number 34 in the list of rich.

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