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Adani Group stocks got bludgeoned on the bourses after the controversial Hindenburg Researchs report, which inter alia alleged that the company had manipulated its stock price.
Shares of Adani Enterprises gained 9.4 per cent to Rs 3,199.45 on Wednesday, commanding a total market capitalization of Rs 3.65 lakh crore.
The Supreme Court stated that the facts of the Adani-Hindenburg case do not warrant the transfer of the probe from market regulator Sebi to SIT or any other agency.
Shares of Adani Enterprises surged about 9.14 per cent to Rs 3,199.45 on Wednesday, commanding a total market capitalization close to Rs 3.65 lakh crore.
The Supreme Court on Wednesday directed SEBI to complete the probe in the Adani-Hindenburg case within three months.