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Adani Ports, Adani Transmission exposed to higher contagion risks : Fitch Ratings

Despite Market Rout, EPFO Continues to Invest in Two Adani Stocks

Two months after Hindenburg report, Fitch affirms BBB- rating on Adani Ports with stable outlook

The Hindenburg report had alleged ‘brazen stock manipulation and accounting fraud’ and use of offshore shell companies to inflate stock prices. The group has denied all Hindenburg allegations, calling them ‘malicious’, ‘baseless’ and a ‘calculated attack on India’.

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