Why are Adani stock prices fluctuating on Tuesday?
Street protests have broken out as a result of the crisis at Gautam Adani’s conglomerate, which is battling accusations of stock manipulation and fraud. This has sparked financial contagion.
Adani Wilmar, an
in the conglomerate, traced both circuits while Adani Power and Adani Total Gas struck consecutive lower circuits.
FMCG firm, Adani Wilmar witnessed a mixed sentiment. In the early deals, the stock touched a 5% lower circuit of ₹361.40 apiece on BSE.