India’s leading stock exchanges, the BSE and the National Stock Exchange of India, are placing Adani Enterprises under their short-term additional surveillance mechanisms effective Thursday.

The move was triggered by a steep fall in the value of the stock on Wednesday following a three-day winning streak, according to a report by The Economic Times. Adani Enterprises fell as much 7.9% on the BSE on Wednesday after gaining 34.5% over the previous two days. It ended at Rs 2476.90, down 5.9% from Tuesday.

Shares of all 10 listed Adani group companies surged on Monday following the clean chit given by a Supreme Court-appointed expert committee that was set up to probe regulatory failures with regards to related-party transactions and alleged manipulation of the conglomerate’s stocks highlighted by activist short-seller Hindenburg Research.

The 24 January release of the Hindenburg report triggered a meltdown that saw the Adani group’s listed companies losing as much as $150 billion in market value at one point. The Adani Enterprises stock has erased all the losses it suffered since the release of the report. The company had also cancelled its Rs 21,000 crore follow-on public offering in February amid the stock meltdown.

Adani Enterprises, the conglomerate’s flagship firm, had been placed under the NSE’s short-term additional surveillance framework in February as well along with two other group companies, Adani Ports and Special Economic Zone and Ambuja Cements. Adani Enterprises made its way into the surveillance mechanism again in March, with Adani Power and Adani Wilmar.

Adani Transmission, Adani Green Energy and Adani Total Gas, meanwhile, were put on both exchanges’ long-term additional surveillance framework in March. They were removed earlier this month.

For more on the issues around the Adani group, read some of our extensive coverage:

SC panel report on Adani: A roundabout way of saying nothing
Vinod Adani: The man behind the Adani group’s offshore deals
The Adani group’s Mauritian migraine
Adani group’s auditing practices need looking into