Adani Green Energy shares fall as Sri Lanka cancels power purchase deal

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Adani Green Energy's share price fell as reports emerged of Sri Lanka cancelling the conglomerate's over $400 million project.

Adani Green Energy shares opened the day at Rs 1039.45 after having closed at Rs 1021.45. The stock gained initially and reached a day's high of Rs 1065.45.

However, Adani Green Energy shares fell after the news of Sri Lanka cancelling the power purchase deal to hit the day's low of Rs 1,008, crashing over 6% from the day's high.