Adani Total Gas Ltd. experiences an 85% stock valuation decline, confirming the earlier concerns raised by US short seller Hindenburg Research. Despite recent investments in other Adani companies, the city-gas distributor faces headwinds due to New Delhi's EV conversion policy.
Read More »Adani Group Value Halved, $100 Billion Wipeout As Stocks Nosedive
Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their limits. Mumbai: Billionaire Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister …
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