Adani shares fell after BJP leaders remark of non performing asset
Written by : SMTV24x7 | Wed, Mar 07, 2018, 10:20 PM
Mumbai, March 07: A day after senior BJP leader Subramanian Swamy's remark on Gautam Adani's alleged PSU bank debt, shares of Adani Group companies tumbled over seven percent on the domestic bourses on Wednesday, wiping-off Rs 9,761.3 crore in market capitalisation (m-cap).
BJP MP Swamy on Tuesday dropped a bombshell on industrialist Gautam Adani, calling him the "biggest NPA trapeze artiste in PSUs".
During Wednesday's trade session, Adani Enterprises' stocks plunged by 7.24 percent to Rs 172.40, while those of Adani Ports (and special economic zone) slipped by 6.53 percent to Rs 377.45 per share. In addition, scrips of Adani Power and Adani Transmission declined by 6.60 percent and 7.67 percent, respectively.