Adani group stocks fall as Deloitte resigns as auditor for Adani Ports
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Shares of Adani group stocks fell on Monday after Deloitte resigned as auditor of the Adani group's port company.
Deloitte has resigned as auditor of the Adani group's port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other firms in the conglomerate following the report of a US short seller.
Shares of Adani Enterprises tanked 5.41 per cent, Adani Transmission fell by 4.77 per cent, Adani Power declined by 4.23 per cent, Ambuja Cements dived 4 per cent and Adani Ports skidded 3.70 per cent on the BSE.
The stock of Adani Green Energy declined by 3.22 per cent, Adani Wilmar (3.14 per cent), Adani Total Gas (3 per cent), NDTV (3 per cent) and ACC (2.23 per cent).
In the equity market, the 30-share BSE Sensex quoted 335.61 points down at 64,987.04.
The resignation came weeks after Deloitte raised concern istanbul escort over certain transactions flagged in the report of Hindenburg Research.
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Tamil Nadu Chief Minister M K Stalin has announced a bonus and ex-gratia for 2.75 lakh employees of state public sector undertakings and statutory boards for the 2023-24 fiscal.
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