Hindenburg Report wipes out over $47 billion from Adani Group market cap in 2 days
On the back of the Hindenburg report, Adani Group has lost ₹3.86 lakh crore ($47.3 billion) in market cap in just two trading sessions. Last week, Adani Enterprises, the flagship company of the group, announced raising ₹20,000 crore through the FPO route. Ironically, the loss in market cap is more…
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