Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, “Something big soon India.” Last year, on January 24, Hindenburg Research released a report criticizing the Adani Group just before Adani Enterprises’ planned share sale. The report resulted in an $86 billion decline in Adani Group’s market value and a significant sell-off of its overseas listed bonds.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable