Adani Group stocks see minor declines of up to 2% as Hindenburg fires fresh salvo

September 13, 2024

Adani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleged that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery linked to the Adani Group.

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