The Adani Stocks
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The Adani group stocks continued to remain under pressure on Friday, falling up to 20 percent in morning trade, after the US-grounded investment exploration establishment Hindenburg Research made dangerous allegations.
Adani Enterprises calls off FPO, Money to be returned to investors
After the company’s stock price crashed 28% , billionaire Gautam Adani Enterprises called off its Rs. 20,000 crore follow – on public offer (FPO) and said money will be returned…
How have ADANI groups declined?
Hindenburg accuses ADANI groups of sharing. On January 20, 2023, the American company HINDENBURG released a report saying that the ADANI Group shares are not worth buying and are not…
Adani Enterprises shares to be removed from Dow Jones Sustainability Indices
As allegations of fraud by the Adani group in Hindenburg report left investors stressed, Nifty50 stock Adani Enterprises has been removed from Dow Jones Sustainability Indices. Dow Jones said the…