Three years of Hindenburg report that shook Adani group firms’ mcap | Markets News
 The combined mcap of listed Adani companies stood at a record ₹23 trillion on September 20, 2022. However, it plunged to a low of ₹6.82 trillion on February 27, 2023, following Hindenburg’s allegations of accounting irregularities, excessive leverage, and opaque offshore ownership structures. The group stocks faced relentless selling, margin calls, and index…