Tag: Hindenburg
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SEBI Notice Sparks Controversy: Kotak Bank Fund and Hindenburg’s Alleged Short-Selling Against Adani !
Hindenburg Research criticized India’s markets regulator for its failure to address the alleged fraud in a report on the Adani Group last year. The short-seller claimed to have made gains of over $4 million during the market turmoil that followed the release of the report. According to Hindenburg, the Securities and Exchange Board of India…
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“Adani Group Stocks Remain Resilient as Supreme Court Dismisses Petitions in Adani-Hindenburg Case”
Adani Enterprises, the leading company of the group, witnessed a significant surge of almost 5 percent in its shares during morning trading. Adani Total Gas experienced a remarkable increase of over 8 percent, while Adani Energy Solutions saw a notable rise of 9 percent. Adani group companies saw a reduction in their gains during afternoon…