India's Adani Group stocks hit by first auditor quitting over Hindenburg report

India's Adani Group stocks hit by first auditor quitting over Hindenburg report

FILE PHOTO: The logo of the Adani group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

Shares of Adani Group companies fell between 3% and 6% on Monday after Deloitte resigned as auditor of Adani Ports, the first such move at the Gautam Adani-led conglomerate since U.S. short-seller Hindenburg’s report on the company in January.

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