Tag: Hindenburg Research

  • A group of people from India have a strong reaction to the stock plunge.

    A group of people from India have a strong reaction to the stock plunge.

    Adani Group has accused the US investment firm Hindenburg Research of launching “a calculated attack” on India by publishing a report that alleged widespread fraud at the group’s ports-to-power conglomerate. Hindenburg said Adani Group shares are massively overvalued and it has taken a long position on them, meaning Hindenburg wins when Adani shares fall. “This…