Adani Group Stocks Surge Following SEBI Clearance of Stock Manipulation Allegations
NEWS
Adani Group stocks experienced a notable surge of up to 13% on September 19 after the Securities and Exchange Board of India cleared the conglomerate of stock manipulation charges. This resolution ends a three-year period of allegations that had significantly affected the group's market value. With the regulatory concerns lifted, analysts are increasingly optimistic about Adani companies, leading to rising buy ratings and target price upgrades across various sectors, including power, ports, and green energy.
Sep 22, 2025, 8:02 AM