Over 200 sustainable funds - many of them index funds and ETFs - have been caught out by the Adani drama, according to data from Morningstar
Shares have tanked since a short-seller report into the group, but Adani's billionaire owner says there are still growth opportunities
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Shares of Adani Enterprises fell as much as 20%, while those of Adani Ports & Special Economic Zone lost up to 8.9%
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Adani Enterprises scrapped its $2.4bn share sale on 1 February following a report by US-based short-seller Hindenburg Research, which alleged stock manipulation and accounting fraud
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