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Gautam Adani stocks add $15 billion in best day since Hindenburg report
![IndiaTimes]()
Tuesday, 28 November 2023
Shares of Adani Group companies surged 13% on Tuesday after India's Supreme Court concludes hearing the investigation into the conglomerate's stocks plunge. The jump adds $15B to Adani's market value. Court reserves judgment on the market regulator's probe into the Adani-Hindenburg case. The regulator confirms no substance found in the allegations. All 10 group companies advance, with Adani Total Gas surging 20% and Adani Energy Solutions gaining 19%. Adani's market value is still $97B below pre-report level.
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Tuesday, 28 November 2023
