Tag: adani share price
$2.5 billion share sale cancelled; Adani Enterprises tumble over 28%
Under-fire Indian tycoon Gautam Adani insisted Thursday that the fundamentals of his conglomerate were “strong” even as shares in its companies plunged again after the…
Most Adani stocks drop as rebuttal draws Hindenburg response
Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg…
Adani Group’s $2.5 billion share sale faces crucial day. Here’s why
For multi-billionaire Gautam Adani, Monday will be a critical day with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a…
‘Fraud cannot be obfuscated by nationalism’: Hindenburg’s response to Adani
Fraud cannot be obfuscated by nationalism or a bloated response that ignores every key allegation we raised, Hindenburg Research said on Monday hours after Gautam…
Adani says $2.5 billion FPO ‘on schedule’ amid Hindenburg row
A $2.5 billion share sale by India’s Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources…