New Delhi. Hindenburg Research, an American short seller firm that has made several allegations against the companies of famous industrialist Gautam Adani, is once again in the news. The reason for this is an X-post by Hindenburg Research. Hindenburg Research has posted ‘Something big soon India’ on X. That is, Hindenburg Research says that it is going to give some big information about an Indian company soon. In such a situation, everyone’s eyes are on whom Hindenburg Research makes allegations this time.
When Hindenburg Research accused Gautam Adani’s group, the shares of Adani Group crashed. Hindenburg Research had alleged that Gautam Adani’s group manipulated accounts and obtained money by creating shell companies. However, the Supreme Court had got this claim of Hindenburg Research investigated by the stock market regulator SEBI, but SEBI’s investigation found that Adani Group had not done any wrongdoing. However, after the claim of Hindenburg Research, Gautam Adani was out of the list of top ten richest people in the world and his net worth also fell drastically. After the SEBI report came, investors again showed confidence in the Adani Group. Due to which the shares of Gautam Adani’s companies started performing well again.
something big soon india
— Hindenburg Research (@HindenburgRes) August 10, 2024
When Hindenburg Research claimed to make revelations about Gautam Adani’s companies, it did not give any information before that. This time, it has already posted on X, claiming something big. However, on Hindenburg Research’s post, many users have said that they do not trust the words of short sellers. At the same time, a user has said that this post of Hindenburg Research is part of the toolkit. Whereas, a user has said that this has been said to divert attention from the situation in Bangladesh. Many other users have been seen taking a dig at Hindenburg in different ways.