Hindenburg report: Adani resorted to brazen stock manipulation
Hindenburg report: Adani resorted to brazen stock manipulation
New research by Hindenburg Research alleges that Adani Group has used offshore entities in offshore tax havens such as Mauritius and the Caribbean Islands.
New research by Hindenburg Research alleges that Adani Group has used offshore entities in offshore tax havens such as Mauritius and the Caribbean Islands.
Adani companies had "substantial debt" which has put the entire group on a "precarious financial footing".
Adani companies had "substantial debt" which has put the entire group on a "precarious financial footing".
Five companies in the group have current ratios below 1.0, suggesting a heightened short-term liquidity risk.
Five companies in the group have current ratios below 1.0, suggesting a heightened short-term liquidity risk.
The companies are Adani Enterprises, Adani Green Energy, Adani Transmission, Adani Total Gas and Adani Power
The companies are Adani Enterprises, Adani Green Energy, Adani Transmission, Adani Total Gas and Adani Power
Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives.
Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives.
Hindenburg Research report called ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’
Hindenburg Research report called ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’
Concerns about the Adani Group’s leverage were first highlighted by fixed income research firm, CreditSights.
Concerns about the Adani Group’s leverage were first highlighted by fixed income research firm, CreditSights.