InvestorQ : Why do Adani stocks continue to fall despite clarifications from NSDL and the Adani group?
Katherine Gonsalves made post

Why do Adani stocks continue to fall despite clarifications from NSDL and the Adani group?

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rhea Babu answered.
6 months ago
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A series of clarifications from the Adani Group and even from NSDL, did not help much as Adani stocks fell for the third day in succession. On Monday, media reports had hinted that NSDL had frozen demat accounts of 3 foreign portfolio investors with gross exposure of Rs.43,500 crore to Adani group.

On Wednesday, most Adani stocks fell 3% to 5%. Adani group companies were the star performers on the bourses in last one year. In 2020-21, Gautam Adani had added $45 billion to his wealth.

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