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US-based short seller Hindenburg Research hints at a new major revelation involving an Indian company.
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The company had previously released a report targeting the Adani Group, leading to an $86 billion decline in market capitalization.
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Hindenburg Research has been involved in a dispute with the Securities and Exchange Board of India (Sebi) over allegations of violating Indian regulations.
Hindenburg Research, a US-based short seller, has hinted at a new major revelation involving an Indian company. The company had previously released a report targeting the Adani Group, leading to a significant decline in market capitalization. The new revelation is expected to be “big” and has sparked attention in the financial community.
Hindenburg Research has been involved in a dispute with the Securities and Exchange Board of India (Sebi) over allegations of violating Indian regulations. Sebi had issued a notice to Hindenburg Research in June, alleging that the company had shared an advance copy of its report on the Adani Group with a New York hedge fund manager, enabling significant profits through strategic trading.
Something big soon India
— Hindenburg Research (@HindenburgRes) August 10, 2024
