Hindenburg Research Impact on Adani Share Price Drop
Case Study On January 24, 2023, Hindenburg Research, a US-based short-selling firm, published a report alleging accounting fraud, stock manipulation, and money laundering by the Adani Group, an Indian multinational conglomerate. The report sent shockwaves through the Indian stock market, and Adani Group shares plummeted. In the two days following the report’s publication, Adani Group … Read more