Adani Stocks Surge as Hindenburg Research Founder Closes Firm!

Adani Stocks Surge as Hindenburg Research Founder Closes Firm!

On Thursday, January 16, Adani Group stocks jumped as much as 9% when Hindenburg Research, a US research firm notorious for its short-selling practices, was shut down. Adani Green Energy’s shares surged 8.8% to Rs 1,126.80, while Adani Power’s shares surged 9% to the day’s high of Rs 599.90 on the BSE. Adani Total Gas…

Adani group shares rise up to 8% for second straight session

Adani group shares rise up to 8% for second straight session

Adani Green Energy’s statement yesterday, denying bribery allegations against Gautam Adani and other corporate leaders, caused Adani Group shares to rise to 15% for the second consecutive day on Thursday, November 28. The price of Adani Total Gas shares led the increase, soaring to 15% in Thursday morning trading. Adani Power’s share price increased by…