Hindenburg Research Sparks New Market Turmoil: Who’s Next After Adani?
Again, Hindenburg Research created a stir on the Indian market. His new post shocked everyone; today everyone is keen to find out what follows next. Said to be a big reveal. After Adani, then comes someone? Therefore, one may argue that Hindenburg Research (Hindenburg Research) is preparing for once more attacking the Indian market. Indeed, the same Hindenburg Research (Hindenburg Research) whose study of the Adani Group last year caused debate all throughout the country. They are preparing for still another significant reveal right now.
Hindenburg Research addressed X
Lately Hindenburg Research published X (formerly known as Twitter). He wrote “Something big soon India”. Just this has created excitement across the whole market. Rememberance Published on January 24, 2023 Hindenburg Research (Hindenburg Research) study on Adani Group In the research, he levied quite serious charges against the Adani Group. considering stock manipulation and fraud. The market capitalization of Adani Group slumped $86 billion after this disclosure. Adani’s overseas bonds also fell really dramatically.
Hindenburg Research’s fresh warning generated disturbance in the Indian market.
The research corresponds with Adani Enterprises’ investigating a $2.5 billion IPO. Hindenburg Research’s findings rocked Adani’s stock, startling the Indian market. The shares of Adani Group’s individual businesses plunged more than $100 billion in line with the report.
The Adani Group challenged the assertions.
Adani Group has consistently falsified Hindenburg Research findings. In July 2024, lawyer Mahesh Jethmalani, leader of the BJP, made a strong charge. To have a study on the Adani Group ready, Hindenburg Research hired an American businessman connected to China, he said. He claimed that this work was inspired by China’s spirit of revenge. China sought to prevent India from major projects including Haifa Port. Jethmalani claims American businessman Mark Kingdon of Kingdon Capital Management LLC hired Hindenburg Research to investigate Adani Group. This report, he said, was meant to gain crores of rupees by short-selling Adani’s shares, therefore decreasing them.
The Adani Group was cleared by the Supreme Court using the SEBI report. :
Following SEBI’s findings, the Indian Supreme Court rejected allegations made by the Adani Group of Hindenburg Research under investigation of this matter. The Supreme Court then also rejected the idea to create a Special Investigation Team (SIT) under court supervision in the Adani-Hindenburg case. The question now is thus who Hindenburg Research should target next? Once more, the recent post on X by Hindenburg Research has attracted action in the Indian market. Right now, everyone is preoccupied with what is to come.
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