Moody's says stock plunge to hurt Adani's ability to raise funds

<ul><li>Adani Group's listed companies have lost over USD 100 billion in value in just over a week after short-seller Hindenburg Research's scathing report flagged concerns about the ports-to-energy conglomerate's debt levels and alleged stock manipulation, accounting fraud and the use of tax havens.</li></ul>

Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

<ul><li>The bank's managing director and chief executive Sanjiv Chadha told reporters that the bank's overall exposure to the ports-to-media conglomerate's entities is one fourth of the single group exposures allowed under the Large Exposures Framework (LEF) but refused to share a number.</li></ul>

SBI's overall exposure to Adani Group at ₹27,000 crore, says chairman Dinesh Khara

<ul><li>SBI chairman Dinesh Khara said the bank does not envisage the embattled ports-to-mining group facing any challenge to service its debt obligations and stressed that SBI has not given any loans against shares to the group.</li></ul>

Gautam Adani drops out of world's top 20 richest people list amid Hindenburg row

Gautam Adani's wealth had declined 21.77 per cent or USD 16.2 billion on Friday. The current net worth of the industrialist was USD 581.1 billion at 1.23 pm (IST) in the afternoon.

Hindenburg Saga: Three Adani Group companies lose ₹33,000 crore in market cap as sell-off continues

<ul><li>Shares of Adani Total Gas Ltd closed lower by 10% while Adani Power Ltd and Adani Wilmar Ltd were down 5% each.</li></ul>

Adani Group-Hindenburg Saga: Gautam Adani drops off list of world’s top 10 richest people

The Indian tycoon has fallen from fourth place to 11th on the Bloomberg Billionaires Index, with a personal wealth wipeout of $34 billion in just three trading days.

Adani Group: A look at the one-year returns of 7 stocks on D-Street

All Adani Group stocks, except Adani Enterprises, extended losses as the Adani-Hindenburg saga continued. Adani Enterprises rose around 2% while Adani Ports lost the least, down 1%. Adani Transmission, Adani Power, Adani Green, Adani Total Gas, and Adani Wilmar shed between 4% and 10% each. Moreover, daily circuit limit for Adani Total Gas, Adani Transmission &amp; Adani Green revised to 10% from 20%.

Adani Enterprises FPO subscribed 3% only, but all’s well that ends well

<ul><li>Adani stocks have been on an uptrend over the last couple of years, defying rich valuations. Despite the recent steep fall, some group stocks such as Adani Enterprises, Adani Power and Adani Total Gas are still up anywhere between 29 and 122 per cent for the last one year.</li></ul>

Hindenburg allegations weigh on Adani Enterprises FPO; only 3% of offer subscribed on Day 2

<ul><li>The public issue that opened for subscription on Friday, January 27, will close on Tuesday, January 31.</li></ul>

Bloodbath in Adani stocks: The Hindenburg saga leaves the darlings of Dalal Street on tenterhooks

In 2022, the market cap of Adani Group stocks jumped ₹7.82 lakh crore or 75% to ₹18.23 lakh crore from ₹10.41 lakh crore at the end of December 31, 2021. However, the group lost 5.27 lakh crore in market valuation in just three trading sessions or 67.39% of the value created in 2022.

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Moody's says stock plunge to hurt Adani's ability to raise funds

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