Adani Group reverses losses caused after Hindenburg row, makes whopping USD 150 billion recovery: Report

Adani Group reverses losses caused after Hindenburg row, makes whopping USD 150 billion recovery: Report

Shares of billionaire Gautam Adani-led group companies have recovered all losses triggered by a critical short-seller report published in 2023, as the conglomerate continues to navigate regulatory scrutiny and legal challenges, Bloomberg has reported. The group's nine listed companies have collectively regained around USD 150 billion in market value that had been wiped out following allegations made by US-based Hindenburg Research, which accused…

Adani Group stocks erase Hindenburg-era losses as market value nears Rs 19 trillion

Mumbai, May 27 (IANS) Shares of Adani Group companies have recovered all losses triggered by the 2023 Hindenburg Research report, with the conglomerate’s combined market value nearing Rs 19 trillion… Continue reading Adani Group stocks erase Hindenburg-era losses as market value nears Rs 19 trillion The post Adani Group stocks erase Hindenburg-era losses as market value nears Rs 19 trillion first appeared on Australia India News.

Adani group stocks end higher; Adani Power overtakes Infosys in mcap ranking

New Delhi (PTI): Adani group stocks ended higher on Wednesday, with Adani Power overtaking IT major Infosys in mcap ranking, in an otherwise subdued market. The stock of Adani Total Gas surged 13.35 per cent, NDTV skyrocketted 10.39 per cent, Adani Energy Solutions jumped 5.28 per cent, and Ambuja Cements climbed 2.28 per cent on the BSE. Shares of Adani Green Energy advanced 2.23 per cent, Adani Power edged higher by 1.72 per cent, ACC climbed …

Durbar Capitalism: How Adani Group Became So Central to Indian Infrastructure that it Also Became Central to Its Narrative of Development

Durbar Capitalism: How Adani Group Became So Central to Indian Infrastructure that it Also Became Central to Its Narrative of Development