Shares of Adani group companies surged up to 8% on Thursday in intraday trade on the BSE, driven by reports that Adani Enterprises may replace Wipro in the benchmark Sensex index. Adani Enterprises has successfully erased all losses incurred following a critical short-seller report by Hindenburg Research in early 2023. The recovery marks a significant milestone for the company, which is the flagship of Gautam Adani's group. The rally indicates that Adani Enterprises has not only recouped its market value but has also become more resilient to negative market sentiment.
More than a year after the Hindenburg attack, #Adani has nearly recouped its market loss. But more importantly, it seems to have become impervious to negative chatter. https://t.co/qVg7HTSPVQ
Shares of #AdaniEnterprises Ltd- flagship of #GautamAdani’s group- erased all the losses following a short-seller report in early 2023 https://t.co/ZYwgOn8wFj
Adani Enterprises Erases All Losses Since Short-Seller's Attack https://t.co/9igPoQd6bh https://t.co/ezEapQRzjB
India's Adani Enterprises recovers to pre-Hindenburg levels https://t.co/zfNZ4t7qFo https://t.co/FmxNVjtXjB
#AdaniEnterprises shares recover all the losses made during the #Hindenburg saga https://t.co/0ROaBWIy4r
Shares of Adani Enterprises have wiped out all the losses suffered following a scathing short-seller report in early 2023 https://t.co/bTJ5HrQCfp
Adani Group Shares Rally, Enterprises Stocks Jump 8% https://t.co/kMwWl344yd https://t.co/2VN9ICFonw
#MarketsWithBS | Shares of Adani group companies were in demand on Thursday as they rallied up to 8% on the BSE in the intraday trade amid report that Adani Enterprises may replace Wipro in the benchmark Sensex index. #adani #adanigroup #stockmarketnews https://t.co/Nceq4hNnet