Adani stocks tumble further, three of six hit lower circuit

The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen

The Adani group stocks extended losses on Wednesday. Adani Power, Adani Total Gas and Adani Transmission hit their 5 per cent lower trading limit for a third straight day. 

Adani Ports and Adani Enterprises tumbled 7.2 per cent and 5.8 per cent respectively, while Adani Green Energy fell the least at 3.1 per cent. 

The six group stocks are down between 4.5 per cent and 16 per cent this week following reports that the accounts of top foreign portfolio investors (FPIs) have been frozen, which the company, investors and NSDL have clarified is not true. 

The Adani group has termed