Adani has lost 90000 crores and Asian billionaire No. 2 title in 4 days

Gautam Adani is no longer the second richest person in Asia, but he has now reached number three on this list. In the stock market, Gautam Adani’s shares fell for the fourth consecutive day on Thursday, as their net worth fell sharply. The net worth of Gautam Adani has declined by about 2 12.2 billion rupees, about 90 thousand crores in the last four days.

According to Forbes real-time net worth, Adani’s net worth is Thursday. 62.7 billion. At the same time, the net worth of Gautam Adani when the market closes on Friday, June 11th. 74.9 billion. However, there were reports that the National Securities Depository Limited had frozen the accounts of three foreign funds, but the company refused, but since then the company’s shares have been falling, causing Gautam Adani to be sacked in just four days. It is a loss of over Rs 90,000 crore.

After the action of NSDL, there has been a huge drop in shares of Adani Group, know what the whole thing is

According to the Bloomberg Billionaires Index, Gautam Adani has now fallen to number three on the Asian rich list and the world’s 15th, while China’s Ongshan Shanshan has been ranked second. Their net worth.4 69.4 billion.

Fitch Rating .Positive

Fitch Ratings, on the other hand, has kept a negative outlook for Adani ports. This means that it is the default rating of foreign currency issuers in the long run. It is rated BBB. The company’s debt of Rs 14 billion is to be repaid from April to March 2022 this year. So this company’s rating is positive. It is ranked as the largest commercial port operator in the country.

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