Hindenburg effect: Adani plots a return strategy after a $132 billion loss

Hindenburg effect: Adani plots a return strategy after a $132 billion loss.

Adani’s ports-to-power conglomerate – once Asia’s richest person – hopes to reclaim the narrative and reassure nervous investors and lenders.

[{"selector":"#anim-48117ce1-d0ba-42d3-8b91-43d47d10eebb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Almost a month after a bombshell short seller report slashed Gautam Adani’s empire’s market value by $132 billion.

[{"selector":"#anim-a0cfc479-3fa9-4ee5-ab97-e437bad8bf37 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

he measures demonstrate that “Adani, even after the stock market bloodbath, can still afford good lawyers.

[{"selector":"#anim-e1b04ca6-898e-4b6b-895d-b9cff717f3aa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]