Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga

July 2, 2024

Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak’s shares to drop by up to 2% to a low of Rs 1,768 on the BSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi’s 2017 Committee on Corporate Governance.

More To Explore

3 reasons why Warren Buffett doesn’t buy REITs, but here’s why that shouldn’t stop you

Warren Buffett’s Berkshire Hathaway largely avoids REITs due to their tax structure and the company’s investment philosophy, which prioritizes high unleveraged returns. However, Indian REITs

June 8, 2025

Fund Manager Talk | Markets may move in 5% range till festive season: Trideep Bhattacharya

Indian equities are expected to consolidate in a narrow range over the next few months as corporate earnings remain the missing link, says Trideep Bhattacharya

June 8, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003