Flagship Adani Enterprises tumbled to 508.45 rupees ($6.23) in Mumbai in the afternoon
PHOTO
Trading in the business empire of Asia's richest man Gautam Adani was halted Friday following a 15 percent plunge in its share price, days after a US investment firm claimed it had committed "brazen" corporate fraud.
Flagship Adani Enterprises tumbled to 508.45 rupees ($6.23) in Mumbai in the afternoon, triggering an automatic 105-minute trading halt, while subsidiary Adani Total Gas also halted after it tanked 20 percent.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
© ZAWYA 2024
