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Adani Enterprises Bounces Back, Erasing Stock Losses Triggered by Hindenburg Report

Adani Enterprises Ltd., the flagship company of Indian billionaire Gautam Adani's conglomerate, has fully rebounded from the substantial losses it suffered following a damaging short-seller report in early 2023. This recovery is attributed to the group's efforts in reducing its debt and securing significant new projects. In January 2023, US-based...