Hello friends, in this article we will share about the Adani Group stocks. Reportedly, Adani Group witnessed powerful increases in early trade on the BSE on 28 November 2023, Tuesday as the Supreme Court (SC) finished hearings on many petitions demanding an inquiry into the Adani Hindenburg matter and the Securities and Exchange Board of India (Sebi) announced the SC that doesn’t need additional time to complete its investigation into the Adani Group. This news has been trending on many social media platforms and lots of people are super keen to know about the whole information. Here we have more information about the news and we will share it with you in this article, so let’s continue the article.
Adani Group is an Indian multinational empire and it’s headquartered in Ahmedabad. Adani Group Empire was founded by Gautam Adani in 1988 as a commodity trading business. Flagship company Adani Enterprises shares jumped more than 4 % but shares of Adani Total Gas surged almost 20%. Adani Green Energy shares bounced nearly 8% while those of Adani Power surged almost 7% to its 52-week high of ₹423.15. Adani Wilmar shares rose almost 6%, and Adani Ports shares increased more than 3 percent. Swipe up the next page for more information about the news.
As per the report, among other Adani Group firms, NDTV’s share cost increased by more than 5 %, Ambuja Cements’ share cost increased by over 3% and ACC’s share price rose more than 2%.On Friday Sebi notified the Supreme Court that it doesn’t require extra time to finish its investigation into the Adani Group, with 22 of the 24 cases connected to the Hindenburg matter already resolved. The probe’s remaining aspects hinge on data from foreign regulatory bodies. You are on the right page for more information about it, so please read the complete article.
Chief Justice D. Chandrachud, has completed hearings on many petitions demanding an investigation into the Adani-Hindenburg matter and asked for written submission by Monday. On 24 January, US-based Hindenburg Research published a report blaming the Adani Group for engaging in fraudulent activities to artificially inflate its stock costs. The group has strenuously rejected these allegations with a detailed refutation. Meantime, 7 of the 10 listed Adani Group firms reported net earnings growth in Q2FY24. Here we have shared all the information that we had if we get any information then we will update you as soon as possible. Stay connected with us for more updates.