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Adani Group stocks add to losses from short-seller attack

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Shares of Adani Group's listed companies fell on Friday, adding to their losses from Wednesday when U.S. short-seller Hindenburg Research launched a scathing attack on the conglomerate.

 

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इसके दिन हवा हो रहे है, ये वापस से सड़क पे आयेगा।

Hindenburg exposed Adani Modi's fake 5 trillion dollar model. Its not based on structural reform, fundamentals or sound Industrial policy but on ponzi & zombie scheme for inflating stock markets putting at risk capital of both onshore & offshore investors on pretext of Infra

Hindenburg exposed Adani Modi's fake 5 trillion dollar model. Its not based on structural reform, fundamentals or sound Industrial policy but on ponzi & zombie scheme for inflating stock markets putting at risk capital of both onshore & offshore investors on pretext of Infra

The fact that there's a short-selling firm called HINDENBURG RESEARCH tells you all you need to know about short-selling.

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Adani group stocks drag Indian shares to 1-week lowIndian shares sank more than 1% on Wednesday, dragged down by Adani group stocks after a short-seller raised fresh concerns about the group's debt in a report that had a ripple effect across the market.
Source: Reuters - 🏆 2. / 97 Read more »