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Thursday, April 25, 2024

Adani Enterprises surge 19% after report finds no evidence of stock-price manipulation alleged by short seller

Adani Enterprises surged 19% Monday after a preliminary report found no conclusive evidence of market manipulation as previously alleged by short seller Hindenburg Research. Shares of billionaire Gautam Adani’s flagship company hit an intraday high of 2,347 rupees on the BSE, notching their best day …

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