The Indian markets are unique in the sense that companies having the same promoter are often considered as a “sector” or a “pack” even though the underlying businesses are quite different.
Now the entire Adani pack is hitting their 52 week lows
| Stock | Latest Close | 52 Week Low |
| ADANIENT | 239.95 | 239.95 |
| ADANIPORTS | 114.9 | 114.9 |
| ADANIPOWER | 50.15 | 50.15 |
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One reply on “The fall of Adani”
[…] an earlier post, I had mentioned how stocks belong to the same promoter exhibit sector […]