Value of FII holdings in Adani stocks January-February 2023, by subsidiary
Foreign institutional investors' holdings in Indian conglomerate Adani group's subsidiary, Adani Total Gas ,witnessed a significant decrease in value, from around 737 billion Indian rupees as of January 24, 2023 to about 308 billion Indian rupees on February 3, 2023. The value of FII holdings in other Adani subsidiaries also witnessed a prominent decrease. This came after the release of the Hindenburg report alleging the company's involvement in fraud and stock manipulation.