The shares of Adani Group have suffered a major setback from the US stock market. The Dow Jones Sustainability Index has decided to remove three of the group’s stocks from its sustainability index. It is noteworthy that the Adani group is in controversy after the Hindenburg report.
Dow Jones has taken this decision to include Adani Group’s three stocks Adani Enterprises, Adani Ports, Special Economic Zone and Ambuja Cement in the list of additional monitoring measures in India.
Stock Dow Jones Sustainability Index has announced that Adani Company’s shares will be removed from the sustainability index from February 7. The index has said that this decision has been taken after the news of disturbances in the stocks of Adani Group.
Meanwhile in India Adani Group has decided to withdraw its FPO. After this development, the shares of Adani Enterprises which were trading at Rs 3,442 per share have come down to ₹1,565 per share. The company’s shares have fallen by up to 55 percent.
