Shares of Adani group's listed companies saw mixed results in Tuesday's trade as the fallout from a critical report by a US short-seller continued. While some shares rose, others declined further.
The group's seven listed companies have lost $110 billion in stock market value since the report was released. The Indian conglomerate has denied allegations of stock manipulation and use of tax havens made in the report.
Protests by India's main opposition Congress party calling for a probe into the allegations were held Monday.
The National Stock Exchange of India revised daily price move limits for two Adani companies to 5%.
Some Adani shares, including Adani Enterprises and Adani Wilmar, saw gains, while others such as Adani Green Energy, Adani Total Gas, and Adani Power fell by 5%.
Adani Ports and Special Economic Zone rose by 7.7%.
