Shares of Adani Power gained 9.21 percent, Adani Green Energy 8.86 percent, Adani Enterprises 7.72 percent, Adani Total Gas 7.10 percent, NDTV 7 percent and Adani Energy Solutions gained 6.63 percent on the BSE.
Adani Ports climbed 5.48 percent, Ambuja Cements added 4.55 percent, ACC added 4.14 percent, Sanghi Industries (3.74 percent) and Adani Wilmar (0.54 percent).
Hindenburg Research has been shut down, its founder Nate Anderson announced Wednesday.
“As I’ve shared with family, friends and my team since the end of last year, I’ve decided to end Hindenburg Research. The project ends when we complete the pipeline of these ideas. “The last Ponzi cases we’ve just completed and shared with regulators is today,” Andersen announced.
In the past few years, Hindenburg Research had launched a campaign against the Adani Group. His reports, published since 2023, have resulted in billions of dollars lost to the Indian billionaire. All allegations were denied by Adani and his companies.
Anderson did not give a specific reason for closing his organization, which comes less than a week before the end of the four-year term of the Biden administration and the Jan. 20 inauguration of Donald Trump as the 47th president of the United States. .
“So, why quit now? There’s nothing special here—no special risk, no health problem, and no major personal problem. Someone once told me that at a certain point a successful career becomes a selfish act. Initially, I felt that I needed to prove some things to myself, now I have some peace with myself, maybe for the first time in my life.