Hindenburg Report Again: You must remember Hindenburg Research, an American short seller firm that shook the empire of Adani Group (Gautam Adani). Now he has increased the tension by making one more announcement. Posting on X on Saturday morning, the American company hinted at another big reveal. In the post, Hindenburg Research wrote that ‘something big is about to happen in India soon’.
The Adani Group was rocked:
Hindenburg Research’s post, however, gives no indication of what’s going to be big in India. But it is estimated that when he blasted Adani Group, the shares of Adani Group companies fell by up to 80 percent and the stock market rumbled. That is why it is again feared that he may again make a big disclosure about an Indian company.
In January 2023, the report released:
It is worth mentioning that the Hindenburg Research firm released a report on the Adani Group owned by Gautam Adani. This created a stir as Hindenburg made serious allegations in his report. Due to this, the shares of most of the companies of Adani Group had a big crash. Due to this, Adani slipped from the world’s second richest to the 36th position in the list as his wealth saw a record decline.
Something big soon India
— Hindenburg Research (@HindenburgRes) August 10, 2024