Business

Adani Group Faces a Staggering Rs 3.4 Lakh Crore Market Cap Loss in FY25 Amidst Regulatory Scrutiny

Adani Group's Market Capitalisation Takes a Hit

In a dramatic turn of events, the Adani Group has seen its aggregate market capitalisation decline by 21% in FY25, amounting to a staggering loss of Rs 3.4 lakh crore. This downturn comes amidst fluctuating market conditions and increased regulatory scrutiny.

Adani Enterprises

Adani Enterprises, the flagship entity of the group, has been particularly hard-hit, with its share price plummeting by 27%. This significant reduction has led to a decrease in market capitalisation by Rs 94,096 crore. Similarly, Adani Ports and Special Economic Zone (APSEZ) has witnessed an 11.40% decline in its market capitalisation.

Steep Declines Across the Board

Adani Green Energy has faced the steepest decline, losing approximately half of its market value. Adani Total Gas and Adani Energy Solutions have also registered significant reductions in their market capitalisation, with declines of 31.84% and 18.95% respectively.

Furthermore, the group's ventures into cement and agriculture have not been spared. ACC and Ambuja Cements have seen their shares fall by 23.10% and 15.92% respectively, while Adani Wilmar and Sanghi Industries have experienced substantial decreases in value.

Regulatory Scrutiny and Allegations

The Adani Group has been under the microscope due to allegations of a $265 million bribery case involving key figures within the group. Despite the group's outright denial of these allegations, the scrutiny has undoubtedly contributed to the downturn in its market performance.

As the fiscal year draws to a close, the Adani Group's stocks have been influenced by a variety of factors, including macroeconomic pressures, reduced urban spending, and global political tensions. The group's future remains uncertain as it navigates through these challenging times.