Adani Group includes the international holding firm Adani Enterprises Limited, which is registered on the stock exchange in India. Its main activities include the mining and trading of coal and iron ore, and its headquarters are in Ahmedabad.
Adani Enterprises' stock price was excessively high when it was given a $53 billion valuation. The price of an Adani Enterprises share on Friday reached a new 52-week low of Rs 1,017.10 per share before gaining pace and closing at Rs 1,584.20 per share on the BSE. Since Hindenburg's report containing a number of accusations against the company was revealed on January 24, the stock has fallen by roughly 54%.
Also read:- Who is the Owner of Adani Wiliamer?