Adani Stocks Drop as Hindenburg Row With India Regulator Worsens

-- Adani Group’s stocks fell after Hindenburg Research accused the head of India’s market regulator of having conflicts of interest that allegedly prevented a thorough probe into the US-based short seller’s claims of manipulation and fraud at the conglomerate.NYC Subway Riders See ‘Exceptionally High’ Air Pollution

The face-off between Hindenburg and Sebi is escalating weeks after the US-based firm was queried by the Indian regulator about its scathing report against Adani in early 2023. The London Company, an investment management company, released “The London Company Small Cap Strategy” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter, the fund fell 5.8% compared to a 3.3% decrease in the Russell 2000 Index.

According to a market research study published by Custom Market Insights, the demand analysis of Global Industrial Hydraulic Equipment Market size & share revenue was valued at approximately USD 34.1 Billion in 2023 and is expected to reach USD 37.5 Billion in 2024 and is expected to reach around USD 52.6 Billion by 2033, at a CAGR of 5.7% between 2024 and 2033.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street holds steadier a day after big drop in tech stocksNEW YORK (AP) — Wall Street is holding steadier following the worst day for big technology stocks since 2022. The S&P 500 was up 0.2% in early trading Thursday, and the Nasdaq composite was up 0.6%.
Source: SooToday - 🏆 8. / 85 Read more »

E.l.f., Canopy Growth drop while Nikola jumps: Stocks in 30Shares of e.l.f. beauty (ELF) are dropping despite its Q1 results beating expectations on both the top and bottom lines. The company's full-year guidance...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Premarket: Global stocks drop and yen rises as volatility reignsInvestors struggled to find their footing in a wild week for markets
Source: globeandmail - 🏆 5. / 92 Read more »

Oil prices rise on bigger than expected drop in U.S. crude stocksBrent futures rose 41 cents to $85.49 a barrel by 0819 GMT, while U.S. West Texas Intermediate crude was up 69 cents to $83.54
Source: globeandmail - 🏆 5. / 92 Read more »

Oil prices rise on bigger-than-expected drop in US crude stocksBrent futures rose 13 cents, or 0.2%, to $85.21 a barrel by 0023 GMT, while U.S. West Texas Intermediate (WTI) crude rose 31 cents, or 0.4%, to $83.16. U.S....
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks open week higher after Biden's 2024 election drop outUS equities (^DJI, ^IXIC, ^GSPC) open Monday's trading in positive territory after this past weekend's news that President Biden will be dropping out of the ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »