Adani Energy rose as much as 14.4% on Friday while Adani Total surged as much as 7.2% — it has gained 43% since the selloff following the indictment.
Following the Wednesday release, Adani Green Energy stock rebounded 10%, while the flagship Adani Enterprises jumped 11.5%.The 62-year-old billionaire was accused of paying over $250 million in bribes to Indian government officials to secure solar energy contracts that could generate more than $2 billion in profits.
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