Adani Group companies witnessed a significant surge in their stock prices, rising up to 7% in early trading on 16 January, following the announcement that Hindenburg Research, the controversial US-based short-selling firm,

Adani Group stocks surged today as Hindenburg Research, the short-selling firm infamous for its critical reports, announced its immediate closure. Hindenburg’s founder, Nate Anderson, cited the completion of their “pipeline of ideas” as the reason for the firm’s shutdown.

Hindenburg Research published reports against the Indian conglomerate in 2023, accusing the Adani Group of using offshore tax havens improperly.

Adani group stocks surged as news of Hindenburg Research's closure emerged, alongside positive developments in the Israel-Hamas conflict, increasing m

A US-based financial research firm, Hindenburg Research, which exposed questionable business practices within the Adani Group has announced its closure. In a surprising turn of events, Nathan (Nate) Anderson,

Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies, will disband, its founder Nate Anderson announced on Thursday.