Adani has won a big victory in the Supreme Court regarding a dispute with Hindenburg. The court decided not to move the investigation from SEBI to SIT, stating there's no reason to doubt SEBI's inquiry. The court also mentioned that reports from Hindenburg or similar sources can't be the reason for a separate investigation. As a result, Adani Group's shares surged by up to 16% today.
Adani has won a big victory in the Supreme Court regarding a dispute with Hindenburg. The court decided not to move the investigation from SEBI to SIT, stating there's no reason to doubt SEBI's inquiry. The court also mentioned that reports from Hindenburg or similar sources can't be the reason for a separate investigation. As a result, Adani Group's shares surged by up to 16% today.
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