The report by Hindenburg, a US-based investment research firm with a focus on activist short-selling, claimed that the seven key listed companies of Adani Group are “85%+ overvalued even if you ignore our investigation and take the companies’ financials at face value”.
Follow-On Public Offering
Latest in Follow-On Public Offering
Adani Enterprises
Adani Group shares tank as Hidenberg Research reveals short positions ahead of $2.45bn mega FPO
Gulf sovereign wealth funds and financial institutions, including its strategic equity partner IHC, are reportedly likely to be the biggest investors in the Adani Enterprise FPO
Adani Enterprises
Adani Enterprises files offer letter with Indian stock exchanges for a proposed $2.44bn FPO: Reports
Gulf sovereign wealth funds and financial institutions, including the company’s strategic equity partner International Holding Company (IHC), are reportedly to be the biggest investors in the FPO
