In a report released by OCCRP earlier on August 31, the organization claims manipulation of stock prices of Adani companies which was later denied by Adani; here's all you need to know about OCCRP
After the Hindenburg, the Adani group now has to deal with the allegations put forward by the Organized Crime and Corruption Reporting Project (OCCPR). The allegations indicate stock manipulation. Before understanding the allegations, here is
Adani group shares tanked up to 5% on Thursday, with Adani Power, Adani Energy Solutions and Adani Green leading the downside. The conglomerate s cash cow Adani Ports fell 3% while the flagship entity Adani Enterprises fell 3.5%. The remaining five Adani stocks were also trading with a negative bias.
Sebi is keeping a close watch on investment patterns in various companies to ensure that the money put in by genuine investors remains safe and is not impacted by those with dubious intent.
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