Why Adani Enterprises Shares Crashed ?

Didi Investor Lost Money in Adani Enterprises
Adani Enterprises crashed 83 per cent to an intraday low of Rs 106.35 on Wednesday as its share price was adjusted for demerger of its port, power and transmission businesses. June 4 is the record date for demerger.
Under a corporate restructuring, Adani Enterprises demerged its ports business into Adani Ports following which shareholders of Adani Enterprises will get 14.123 shares of Adani Port for every 10 share held in Adani Enterprises.
Likewise, Adani Enterprises demerged its power and transmission business; power business will be merged into Adani Power and the transmission business will be listed as a separate entity. Shareholders of Adani Enterprises will get 18.596 shares of Adani Power for every 10 shares held in Adani Enterprises.
Adani Enterprises will merge mining business- Adani Mining Private Limited (AMPL)- with itself, but no equity shares are to be issued to Adani Enterprises shareholders as AMPL is a fully owned subsidiary of Adani Enterprises .

Adani Enterprises shares, as of Wednesday, do not reflect the value of its investment in Adani Port

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