Gautam Adani and his Adani group is in huge trouble after US short seller Hindenburg Research report. Can Adani Beat Hindenburg Report? Or Game Over?
US based short seller Hindenburg published a report about Adani stocks, After that, Ambani stock starts free falling. Asia’s richest man facing one of the biggest challenge in his life.
Who Is Hindenburg Research?
Hindenburg Research is a US based firm. They are primarily focused on short selling. Hindenburg Research also publishes many reports about corporate frauds. They published reports on Adani Group, Nicola cover health, Kandy, Lordstown Motors and Technoglass.
Hindenburg Research On Adani?
According to Hindenburg Research, Adani Group is a man made disaster in the making. Hindenburg Research claimed that Adani group had engaged in a brazen stock manipulation and accounting fraud scheme over the courses of decades.
Adani Group is bringing 20,000 crore Indian Rupees FPO of Adani Enterprises. These research reports put FPO in big trouble. Hindenburg Research report is now sorting Adani group. According to them, Adani group companies are running on bank loans and frauds.
How Much Money Adani Lost?
After the research report by Hindenburg Research, Adani Group lost $48 billion. This is the biggest wealth lost. Gautam Adani is already targeted by many political leaders and companies over debt.
Adani Slipped To 7th Position In Richest List
Gautam Adani, who was number 3 on Forbes richest list, now slipped to 7th position losing $20 billion+ wealth. If this continues, Gautam Adani will out of top 10 list soon.
Adani Response To Hindenburg Research
We are evaluating the relevant positions under the US and Indian laws for remedial and punitive action against Hindenburg Research, Adani Group responsd to Hindenburg report.
According to Adani group, Hindenburg Research is manipulating investors and public against FPO of Adani Enterprises and their other stocks.
Can Adani Beat Hindenburg Report?
Reliance of Dhirubhai Ambani also faced short selling. Now this is a very tough situation for Gautam Adani because many opposition political leaders also against him. They are saying, Gautam Adani is the best friend of Prime Minister Modi.
Also Read Adani Buy NDTV
Adani Group can only beat Hindenburg Research, if they show strong evidence against Hindenburg Research reports. In the Dhiru Bhai Ambani case, they fixed this issue by hiring a specialist.
Gautam Adani can also solve this issue by some hard work and legal case, Because they already told about legal case against Hindenburg Research. Adani starts his business by scrap, so there is lot more chances that they can solve this issue.
What If Adani Defeat Against Hindenburg?
If Adani Group defeat against Hindenburg Research report, stock Market of India can collapse. Adani took big loan from many banks in India and Nifty 50 also very depends on Gautam Adani stocks now. For India, Adani should not lose.
What If Adani Defeat Hindenburg?
If Adani won battle against Hindenburg Research, Adani will come back more stronger. Public and investors believe become double for Adani stocks, and a big setback for Hindenburg Research and Adani haters.
All Stocks Of Adani Group
- Adani Enterprises
- Adani Green
- Adani Ports
- Adani Power
- Adani Transmission
- ACC
- Ambuja Cement
- Adani Total Gas
- NDTV
- AWL
All these stock falls very badly in Indian stock market. We are not claiming Hindenburg report true, we will wait for final results.