MUMBAI: Stocks of companies belonging to the Adani group rallied as much as 10% in Thursday’s market on the back of news that Hindenburg Research will close down. Nearly two-years to the day, the US-based short-seller had brought a massive crash in Adani group’s stocks after it published a 110-page report alleging several corporate malfeasances…
Updated Jan 14, 2025 12:38 IST Adani group share price: The rally in Adani group shares came on account of several reasons. (Image: Shutterstock/ET NOW News) Adani Power shares jumped nearly 19% to Rs 535, Adani Green zoomed 13.8% to Rs 1,012.8, Adani Energy Solutions rallied 13.7% to Rs 783, Adani Total Gas advanced 12.8%…
Billionaire Gautam Adani’s Adani Infrastructure will buy a 30.07% stake in construction firm PSP Projects for Rs 685.36 crore, confirming CNBC-TV18 news break. The deal includes an open offer at ₹642.06 per share, a 4% discount to the current market price, and involves purchasing a stake from one of PSP Projects’ founders. PSP Projects in…
