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TIME also acknowledged the strength of Adani Group, good news came amidst the Hindenburg controversy

by Aaryan Srivastav
September 14, 2024
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Adani Group continues to dominate globally amid the Hindenburg controversy. In fact, Time Magazine has placed Adani Group companies in the list of World’s Best Companies-2024. Adani Group expressed happiness over this achievement and said that it shows the stability of our group’s employee satisfaction, revenue growth. Let us tell you that the evaluation has been done on three fronts. It includes employee satisfaction, revenue growth and stability. The group has received this good news at a time when new claims are being made by US short seller firm Hindenburg.

The evaluation done by Time considered eight of the 11 listed companies of the Adani Group. The other three listed companies are subsidiaries of these eight companies.

1. Adani Enterprises Limited

2. Adani Ports and Special Economic Zone Limited

3. Adani Green Energy Limited

4. Adani Energy Solutions Limited

5. Adani Total Gas Limited

6. Adani Cements Limited

7. Adani Power Limited

8. Adani Wilmar Limited

Shares of group companies fall

Meanwhile, Adani Group stocks witnessed a sharp decline on Friday. Shares of seven companies closed lower on Friday amid claims that several Swiss accounts of a person allegedly linked to the group have been seized. Shares of Adani Power fell 2.73 per cent, Adani Energy Solutions 2.42 per cent, Adani Ports 1.37 per cent, Adani Green Energy 1.17 per cent, Adani Enterprises 0.76 per cent, Adani Total Gas 0.55 per cent and Adani Wilmar 0.37 per cent on the BSE. However, three group companies closed with gains. ACC shares rose 1.94 per cent, NDTV 1.01 per cent and Ambuja Cements 0.01 per cent.

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