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7 Adani group stocks hit lower circuit; Adani Ent tanks 55% in 3 days

In past seven trading days, the total market capitalisation (market-cap) of 10 Adani group companies has eroded by nearly Rs 10 trillion or 52 per cent to Rs 9.27 trillion in Friday's intra-day trades

Adani, Adani Group
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Photo: Bloomberg

SI Reporter Mumbai
Reports of Gautam Adani looking to prepay some loans failed to put brakes on the group's market rout as 7 out of 10 group companies were locked at their respective lower circuits on the BSE in Friday's trade.

As of 09:34 AM, Adani Enterprises, the flagship group company, was locked at the temporary lower circuit of 15 per cent at Rs 1,330 on the BSE. The stock trades in the futures & option (F&O) segment, which has no circuit limits.
Adani Transmission and Adani Green Energy were locked at the 10 per cent lower circuit. Adani Power, Adani Total Gas, Adani Wilmar and