Why did Adani Energy shares crash 9% today?

The shares of Adani Energy Solutions crashed over 9% to ₹978 apiece on Thursday as MSCI didn't add the stock to its standard index in the November review over uncertainty regarding its free float. "Adani Energy Solutions has been issued a show cause notice by SEBI for potential wrongful categorisation of shareholding of certain entities," MSCI said.

Load More