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Hindenburg Impact: Nifty recovers fully but Adani shares still require up to 320% rally to revisit Jan 24 levels

For the entire fiscal year 2022-2023, Adani Enterprises reported a 218 per cent in the net profit at Rs 2,472.94 crore, against a net profit at Rs 776.56 crore in the same period previous year, while EBITDA stood at Rs 10,025 crore, up 112 per cent from the previous fiscal.Its revenue from operations almost doubled to Rs 1,36,977.76 crore during the period under review.

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Hindenburg Impact: What Will Happen To Block Stock?

The future of Block became much foggier. Let’s try to find out how analysts estimated Block stock before the latest news and what this news revealed. ....

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Twitter founder Jack Dorsey loses $526 million in a day. Know all about fraud allegations against Block Inc, Cash App

Jack Dorsey-Hindenburg report row: After its report on the Indian conglomerate Adani Group that wiped off billions of promoters and investors wealth, US-based Hindenburg Research has now targeted Twitter founder Jack Dorsey s payments company Block Inc. In the aftermath of the Hindenburg report which alleged Block of engaging in fraud, Jack Dorsey s net worth took a hit. Watch this Business Today Visual Story to know more. ....

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