Day after Hindenburg report, all Adani group stocks tumble in early trade

Monday, 12 August 2024

Day after Hindenburg report, all Adani group stocks tumble in early trade

All 10 Adani group stocks slumped in early trade on Monday, with Adani Energy tumbling 17 per cent, after US short-seller Hindenburg Research alleged that SEBI chairperson, her spouse had undisclosed investments in obscure offshore funds in Bermuda, Mauritius, the same entities allegedly used by Vinod Adani to round-trip funds,...

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Video Credit: Oneindia - Published on August 11, 2024

News video: Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’

Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’ 03:27

The Adani Group has fiercely rejected the latest allegations from Hindenburg Research, labeling them as malicious, mischievous, and manipulative. In a statement to the stock exchanges, the group defended the transparency of its overseas holding structure. Concurrently, SEBI Chairperson Madhabi Puri...

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