adani stock

Adani stocks rally continues, surge up to 16% as US agency calls Hindenburg charges irrelevant

Adani stocks continue a robust rally, jumping 15% as a US agency dismisses fraud accusations. Investor confidence strengthens amid positive developments for the conglomerate. Adani stocks continued to rally on December 6, surging up to 16 percent, after a report indicated that a US agency found the accusations by Hindenburg Research against the Gautam Adani-led…

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hindenburg

US agency finds Hindenburg’s allegations ‘irrelevant’ , Adani stocks zoom up to 17% after report says

Hindenburg’s allegations ‘irrelevant’ The surge propels the conglomerate’s market capitalisation to over Rs 14 lakh crore. A Bloomberg report said International Development Finance Corp (DFC) conducted a due diligence investigation before extending the group a $553-million loan The combined mcap of Adani Group companies surpassed Rs 14 lakh croreShares of Adani Group companies surged up…

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