India's Adani Green extends losses to second day after Norges Bank excludes co from portfolio

Adani Green Energy

02/03/2026 06:54

** India's Adani Green Energy ADNA.NS falls 5.2% to 897.90 rupees, extending Friday's 2% drop

** Norway's sovereign wealth fund, Norges Bank, excluded ADNA from its portfolio on Feb. 26 due to links to corruption and "other serious financial crime"

** Exclusions in accordance with guidelines established by Norway's Ministry of Finance - statement

** Stock drop comes amid weak broader markets as Middle East war dents risk appetite .BO

** ADNA and Norges Bank did not immediately respond to Reuters requests for comment

** YTD, stock down ~12%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))