Adani Group investors lost ₹7 lakh cr since 2023 Hindenburg report

Investors have lost ₹7 lakh crore in Adani Group companies since Hindenburg accused the conglomerate of fraud in 2023. The m-cap of 10 Adani firms fell from ₹19.24 lakh crore on January 23, 2023, to ₹12.24 lakh crore on November 21, 2024, The Indian Express reported. Investors lost ₹2.22 lakh crore on Thursday after US charged Gautam Adani with fraud.