Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under...

Published on 2 Feb 2023 on Business Insider via Yahoo Finance

Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under...

Gautam Adani.Photo credit should read SAM PANTHAKY/AFP via Getty Images

The combined market value of Adani Group's companies fell below $100 billion on Tuesday, per Bloomberg.The 10 listed companies have wiped out over $136 billion in market cap since a short-seller's bombshell report.Adani is struggling to calm nerves about Hindenburg's allegations of fraud and manipulation, which it denies.

India's Adani Group has seen the market value of its listed companies fall below $100 billion as the conglomerate struggles to calm investor nerves in the wake of a bombshell short-seller's report.

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Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under...

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