Adani Group Stocks Plunge for 7th Day, Wiping Out Over $11 Billion in Market Value
• Adani Group stocks fell up to 13% on March 13, wiping out ₹90,000 crore in market capitalization • Adani Green Energy was the top loser, tanking 13% to ₹1,650 per share • This is the 7th straight day of fall for Adani Enterprises, down from 52-week high • Adani Ports and Adani Enterprises saw losses of 5.3% and 5.5% respectively • Earlier, brokerages HSBC and Motilal Oswal raised target prices on Adani Ports with "buy" ratings