Adani Green shares dive after TotalEnergies pullback

Adani Green Energy shares plummeted by 11.3 per cent on Monday following a significant announcement from French energy giant TotalEnergies that it would cease any new financial contributions to its investments within the Adani Group.

This decision comes amidst a recent US federal indictment against Gautam Adani, chairman of the Adani Group, and his nephew.

Attribution: Reuters

Subediting: M. S. Salama