Adani-Hindenburg Case: Adani Enterprises Witnesses 40% Increase in Three Days, Redeems All Losses

Adani-Hindenburg Case: The report of Hindenburg on the Adani Group caused Gautam Adani a huge amount of loss, witnessing a sharp decline. Recently, Adani Group’s flagship company Adani Enterprises’ share reached the top level of 52 weeks, i.e. 3457, and has paid off its losses in the decline. In 16 months, the value of this share has increased by about 3 times. 

Adani Group Loss in Hindenburg Case

On Thursday, Adani Enterprises’ stock rose by more than 8%. Even though it dropped slightly, it finished the day at Rs. 3381. Over the last two weeks, the stock has risen by approximately 23%. It has increased by about 40% in the last three days alone. Adani Group’s stock value has increased by $200 billion over the last two trading sessions.