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Adani Group Stocks Surge After Hindenburg Research Closure, Impacting Market Dynamics

Adani Group Stocks Surge After Hindenburg Research Closure, Impacting Market Dynamics

11 Feb
Business Rohan Neeraj

Adani Group stocks soared as Hindenburg Research announced its closure, with significant gains across the group. Adani Power shares rose 9.2% alongside other group companies. Meanwhile, Raymond benefited from robust Q3 results, and Vedanta faced scrutiny over targets. Analysts emphasize Adani's infrastructure growth and potential despite debt and regulatory concerns.

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