Adani Stocks Soar 17% on US Agency Dismissing Hindenburg Allegations

2023 • 7min • News • Business


Published On: December 05, 2023 - The shares of Adani Group companies surged up to 17% today, on December 5. The market exuberance follows a report saying that the accusations made by Hindenburg Research against the Gautam Adani-led group are ‘inconsequential.’ International Development Finance Corp., or DFC, conducted a due diligence investigation on Adani firm. Join News9’s Shweta Kothari, Krishnakumar, and Shriram Subramaniam, Founder & MD, InGovern Research Services, for more on this story.