Shares of Adani Wilmar went up 2.15 per cent, ACC (1.93 per cent), Adani Power (1.74 per cent), Adani Ports (1 per cent) and Ambuja Cements (0.43 per cent).
Charges Hindenburg of making 'unfair' profits from 'collusion' to use 'non-public' and 'misleading' information and induce "panic selling" in Adani Group stocks
Mahesh Jethmalani says that a businessman with Chinese links commissioned the report by the short-seller which led to shares of Adani Group companies taking a hit
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based "opaque" investment funds by partners of promoter family
The apex court had reserved its order on February 20 on a batch of PILs on the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations.
Citing a Hindenburg Research report which alleged that the Adani Group, has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades