Searched Tag: hindenburg research
July 2, 2024, 06:06 AM - 3 mins read
Hindenburg Research, which has publicly shared the notice on its website, described SEBI's actions as "nonsense" and an attempt to "silence and intimidate" those exposing corruption. The firm stated that it made approximately USD 4.1 million from its declared positions on Adani stocks, and criticized SEBI for not focusing its investigation on the evidence presented in the January 2023 report.
Read moreMay 23, 2024, 11:50 PM - 2 mins read
The stock rebounded as the conglomerate reduced its debt and secured major projects, helping it bounce back after US-based Hindenburg Research accused the group of widespread corporate malfeasance and share-price manipulation in January 2023.
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