Adani Group Erases $150 Billion Hindenburg Losses as Market Value Surpasses Rs 19 Trillion
The Adani Group, led by billionaire Gautam Adani, has officially recovered the $150 billion in market capitalization lost following the damaging Hindenburg Research report of early 2023. As of late May 2024, the conglomerate’s nine listed companies have collectively crossed the Rs 19 trillion valuation mark, signaling a comprehensive restoration of investor confidence in the…