Ruckus on the report of Hindenburg Research! What will happen to Gautam Adani’s shares now? Why there was a huge fall in the shares of 7 companies, understand in 10 points

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Adani shares witnessed heavy selling after a report by Hindenburg, an American short-seller, came to the fore. Hindenburg in his report raised so many big questions on Adani Group that everyone will be surprised to hear.

The shares of Gautam Adani-led Adani Group saw a big fall on 25 January. Shares of Adani Total Gas, Adani Enterprises, Adani Transmission, Adani Green Energy, Adani Ports, Adani Power and Adani Wilmar declined between 2-6 per cent. Adani shares saw a massive sell-off after a report by Hindenburg, a well-known American short-seller, came to the fore. Hindenburg in his report raised so many big questions on Adani Group that everyone will be surprised to hear.

What did Hindenburg claim

1.) The world’s third largest corporate world is doing the world’s biggest theft.

2.) Gautam Adani’s wealth increased rapidly in the last three years.

3.) Has short positions in companies owned by Gautam Adani.

4.) In the last three years, the share price of Adani Group’s 7 listed companies has increased by an average of 819%.

5.) Hindenburg Research has made this claim by scanning thousands of documents and visiting half a dozen countries.

6.) Along with this it has been said that the share price of Adani Group can break up to 85%.

7.) Adani Group companies have high debt, many shares are pledged.

8.) Current ratio of 5 out of 7 group companies is less than 1, which means there is a problem of liquidity.

9.) 8 out of 22 high officials are from Adani family. He has control over the financial and key decisions of the group.

10.) During the trading session, all the 10 shares of Adani Group were seen trading on the red mark.

what did adani cleaning say

Adani Group said that it was not contacted to verify the facts regarding the report and it is shocking and disturbing. The group, which has been working in the port to energy sector, said, “The report is nothing but selectively wrong and baseless information and the motive is completely malicious. The things on the basis of which the report has been prepared, the courts of India have also rejected it.