Adani Group Lost Rs.3.4 Lakh Crore in a Day – Decline in the World’s Richest Men List!!

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Adani Group Lost Rs.3.4 Lakh Crore in a Day - Decline in the World's Richest Men List!!
Adani Group Lost Rs.3.4 Lakh Crore in a Day - Decline in the World's Richest Men List!!
Adani Group Lost Rs.3.4 Lakh Crore in a Day – Decline in the World’s Richest Men List!! Indian businessman Gautam Adani met a great lose on this day. Adani who was ranked in the 2nd place of the world’s richest men has lost his assets of Rs 3.4 lakh crore today. Especially, Gautam Adani’s property value has fallen by Rs.3.4 lakh crore in a single day.

And he has been pushed to the 7th place in the world’s richest men list. The reason for this is said to be that the report of American Research Institute. Hindenburg, an American-based research firm, has issued a report with various allegations against the Adani Group.

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Due to this, Adani Group’s market value has fallen to Rs 3.4 lakh crore. Also, he has suffered a setback in the world’s richest men list. Moreover, the allegation also affected the market valuation of Adani, Enterprises market capitalisation, and Ambuja Cements.