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Latest from adani group

Adani stocks surge, head for best day since Hindenburg’s report

The Adani stocks have added about $10 billion to their market value in today’s session so far, poised to be biggest increase since Hindenburg’s report in Jan.

Adani Green Energy Ltd., Adani Transmission Ltd., Adani Total Gas Ltd., and Adani Power Ltd. rose by their 5% daily limit while Adani Wilmar Ltd. surged by its 10% daily limit. (Reuters)
Published on May 22, 2023 02:19 PM IST
Bloomberg |

SC panel puts six entities under lens for alleged trading in Adani shares

Hindenburg's report claimed that the Adani empire was the "biggest con in corporate history" engaged in a "brazen stock manipulation.

The logo of the Adani Group is seen on one of its buildings in Ahmedabad.(REUTERS)
Published on May 21, 2023 02:07 PM IST
PTI | | Posted by Sreelakshmi B

SEBI proposes curbs on share price volatility in futures and options segment

The proposed restrictions follow a free fall this year in shares of Adani Group's companies after U.S.-based short seller Hindenburg Research's January report.

SEBI proposed that if a share in the futures and options segment falls or rises by 10% a day, trading would be suspended for an hour.
Published on May 21, 2023 01:30 PM IST
Reuters |

BSE, NSE to remove NDTV from ASM framework

The stock is to be excluded from the ASM framework effective May 22.

BSE (formerly Bombay Stock Exchange)(HT File)
Published on May 20, 2023 11:44 AM IST
PTI | | Posted by Sreelakshmi B

‘Not proved at this stage’: SC panel on Adani issue

The panel, which also found no regulatory failure on the part of Sebi made a distinction between “proved”, “disproved” and “not proved”.

Sebi is investigating Adani companies following the US short-seller Hindenburg Reseach’s report released on 24 January. (REUTERS)
Updated on May 20, 2023 04:53 AM IST
By, New Delhi
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