The Adani Crash
Wealth Insight|March 2023
What led to the meltdown in the Adani Group stocks and what you should do now
The Adani Crash

Since January 24, 2023, the market cap of Adani group companies has fallen by a shocking 58 per cent, from over ₹19 lakh crore to over ₹8 lakh crore (as of February 21, 2023). And this due to just a research report. What was there in the report? Who published it? And what should investors do now? Here's a primer.

Who published the report and what is there in it?

The report was published by Hindenburg Research, a US-based investment-research firm specialising in forensic research. The firm identifies companies with irregularities in their financials, exposes them through a research report and holds a short position in them.

Diese Geschichte stammt aus der March 2023-Ausgabe von Wealth Insight.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 2023-Ausgabe von Wealth Insight.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.