Corporate Grapevine     

Published: May 15, 2023
Updated: May 15, 2023

Adani ‘weathers’ Hindenburg

Within four months of a bogus Hindenburg Research report which led to a massive fall in Adani group shares, the companies have bounced back on the stock market. This has given so much confidence to Adani that it has decided to raise another Rs 21,500 crore by selling shares in Adani Enterprises and Adani Transmission.

If insiders are to be believed, several investors have already lined up, including some major sovereign funds from the Middle East. Retail investors have also joined the bandwagon by investing in the company shares since the Hindenburg Research led to a fall in the share prices -- thus giving an opportunity to small shareholders to enter the stock.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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