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Adani Group stocks rise as SEBI's dismissal signals end to Hindenburg overhang
Yahoo Financeยท 2025-09-19 03:51
By Kashish Tandon (Reuters) - Adani Group stocks closed higher on Friday, a day after India's markets regulator dismissed parts of short-seller Hindenburg Research's stock manipulation allegations against billionaire Gautam Adani and his conglomerate, signalling a potential end to the group's regulatory troubles. The Securities and Exchange Board of India is still examining more than a dozen allegations that Adani Group and certain offshore funds broke securities rules, Reuters reported, citing sources. ...