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Reputation: 642,729  •  Mar 28, 2023 7:16 PM
Adani stocks lose up to 8%; all 10 counters in red. Here's why
Adani stocks lose up to 8%; all 10 counters in red. Here's why
The selloff in Adani stocks resumed after a report published by The Ken raised questions on whether the Ahmedabad-based conglomerate has actually repaid debt totaling $2.15 billion. "Despite the Adani Group's claim of “complete” repayment of $2.15 billion in share-backed debt, regulatory filings show that banks have not released a significant portion of the promoters' shares held as collateral, indicating that the debt has not been fully paid off," the report said.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#ACC #ADANIGREEN #ADANIPORTS #ADANIPOWER #AMBUJACEM

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NSE:ACC price when posted: 1,622.1