Rs 8.7 trn mcap loss for Adani cos in 6 days; Adani Ent tanks 35% since Tue

Given the unprecedented situation and the current market volatility, Adani Enterprises has cancelled its Rs 20,000 crore follow-on-offer (FPO)

Shares of Adani group companies extended their downturn on Thursday with Adani Enterprises, Adani Transmission, Adani Green Energy and Adani Total Gas tanking 10 per cent each to hit their respective lower circuits on the BSE, as of 09:21 am, with no buyers seen on these counters.

Adani Wilmar, Adani Power and New Delhi Television (NDTV) were also locked in the 5 per cent lower circuit. Adani Ports and Special Economic Zone was down 10 per cent to Rs 443 in the intra-day trade, while ACC and Ambuja Cements declined 1-3 per cent.

Among the individual stocks, Adani