Hindenburg’s accusations against Sebi chair person, the value of Adane’s shares fell …

By: ASIAN MEDIA NETWORK

Date:

August 12, 2024

Hindenburg’s accusations against Sebi chair person, the value of Adane’s shares fell … The impact of the American short-seller Hindenburg’s allegations against Gautam Adani and SEBI chief Madhabi is being seen on the markets. It is known that Hindenburg has accused Sebi Chairperson Madhabi Puri of having shares in Mauritius funds which were used to artificially increase the values of the shares of Adani Group companies. The impact of these allegations was clearly visible on the stock markets on Monday morning. Adani Energy Solutions’ share is losing the most by 17 percent.
Adani Total Gas lost 13.39 percent, NDTV 11 percent and Adani Power 10.94 percent. Also Adani Green Energy stocks fell by 6.96 percent, Adani Wilmar by 6.49 percent and Adani Enterprises by 5.43 percent. Adani Ports fell by 4.95 percent, Ambuja Cements by 2.53 percent and ACC by 2.42 percent. Investors are dealing with this.

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