03-02-2023, 04:01 PM
Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday (Feb 3) as a rout triggered by allegations of accounting fraud deepened.
Adani Enterprises fell 10 per cent at the open and plunged by as much as 25 per cent at one point, while Adani Power, Adani Green Energy, Adani Total Gas - in which French giant TotalEnergies has a 37.4 per cent stake - and Adani Transmission were also suspended when they hit their trading stops.
Trading in Adani Enterprises later resumed, only for them to immediately fall another 5 per cent, triggering another halt.
A lot more at https://www.bannedsite.com/forum/current...in-trouble
Adani Enterprises fell 10 per cent at the open and plunged by as much as 25 per cent at one point, while Adani Power, Adani Green Energy, Adani Total Gas - in which French giant TotalEnergies has a 37.4 per cent stake - and Adani Transmission were also suspended when they hit their trading stops.
Trading in Adani Enterprises later resumed, only for them to immediately fall another 5 per cent, triggering another halt.
A lot more at https://www.bannedsite.com/forum/current...in-trouble