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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