Adani Group stocks tumble as market rout deepens; Adani Green, Adani Ent, others tank up to 10%
On October 8, shares of Adani Group experienced sharp declines amid a wider market downturn, with Adani Green Energy plunging by 10% and Adani Enterprises by 7%. Despite receiving a long-term rating upgrade from CARE Ratings, investor confidence remained shaky. Other subsidiaries, including Adani Power and Adani Ports, also witnessed losses, underscoring the market’s inherent…