Adani Enterprises Ltd, the flagship entity of Adani Group, has regained more than $30 billion in market value. These losses stemmed from a report by US-based short-seller Hindenburg Research in early 2023, which accused the conglomerate of corporate malpractice and share price manipulation. Adani Group has consistently denied these claims. The group’s current market value is now less than $30 billion shy of its pre-Hindenburg report level.
