Adani Group shares in recovery mode, stock recovered from last session’s fall

1675227482-0971

Adani Group’s shares are trading in recovery mode after being drastically affected by the Hidenburg Reasearch row. In early trading, there was a rise in the shares of nine out of ten companies of Adani Group.

What percentage of stock rose

Adani Energy Solutions (Adani Energy Solutions) shares rose 6 percent.

Shares of Adani Total Gas (Adani Total Gas) have climbed up to 4 percent.

Shares of NDTV (NDTV) are trading up 4 percent.

Shares of Adani Green Energy (Adani Green Energy) saw a rise of 2.55 per cent.

Adani Wilmar’s (Adani Wilmar) stock has climbed up to 2.15 percent.

ACC (ACC) shares have gained 1.93 per cent.

Shares of Adani Power (Adani Power) have climbed as much as 1.74 percent.

Adani Port (Adani Ports) stocks are trading up 1 per cent.

Shares of Ambuja Cements (Ambuja Cements) have gained 0.43 per cent.

Adani Group shares were trading with a decline in intra-day trade on Monday. American short-seller Hindenburg Research (Hindenburg Research) alleged that SEBI (Sebi) chairperson Madhabi Puri Buch (Madhabi Puri Buch) and her husband had invested in obscure offshore funds in Bermuda and Mauritius. This organization was used by Vinod Adani to round-trip funds and increase stock prices. Hindenburg on Saturday alleged that SEBI chairperson Butch has prevented a thorough investigation into the allegations against Adani Group. Butch and Adani Group strongly denied this allegation of Hindenburg. SEBI chairperson Butch and her husband issued a statement. It was said in this statement that Hindenburg is trying to assassinate SEBI and our character.