Adani firm’s shares slumps 10% at open today, trading suspended

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Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani slumped 10 percent at the open on Friday.

And trading was suspended, extending a rout triggered by allegations of accounting fraud.

Adani Power, Adani Green Energy, Adani Total Gas — in which French giant TotalEnergies has a 37.4 percent stake — and Adani Transmission were also suspended after they fell to hit their trading stops.

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