Hindenburg Research published reports against Indian conglomerate The short-seller accused Adani Group of using offshore tax havens improperly, which the company denied.

Adani group stocks rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies,

Adani Power took the lead, followed by Adani Green Energy, Adani Enterprises, Adani Total Gas and NDTV stocks. As much as 9.2% gains were recorded in the early trade of Adani stocks.

Adani Group shares surged with Adani Power leading at Rs 599.90 following the closure announcement of US investment firm Hindenburg Research. Hindenbu

Shares of Adani Power surged 9.21 per cent, Adani Green Energy soared 8.86 per cent, Adani Enterprises climbed 7.72 per cent, Adani Total Gas jumped 7.10 per cent, NDTV rallied 7 per cent and Adani Energy Solutions advanced 6.63 per cent on the BSE.

Adani Power shares surge amid market dynamics, prompting regulators to seek clarification on trading volume spike.

Investors of the Adani companies had an increase in their stocks on 16th January 2025, after the announcement that Hindenburg Research would cease to operate. N

The stock of Adani Enterprises soared 8.91%, Adani Ports climbed 6%, Ambuja Cements went up by 4.79%, ACC (4.50%), Sanghi Industries (4.22%) and Adani Wilmar (3%). All Adani group stocks had ended lower on Monday's trade in-line with weak trend in equities.

Adani Group stocks, including Adani Power, Adani Green Energy, Adani Enterprises, and Adani Ports, witnessed a notable rally on Thursday, January 16. This surge followed the announcement that US-based short-selling firm Hindenburg Research,

Adani Power rose the most among all the other companies of the group by as much as 9.2% or close to ₹600 per share