Adani stocks extend gains after SEBI's partial dismissal of Hindenburg claims

Adani Energy Solutions

22/09/2025 06:00

** Shares of India's Adani Group companies Adani Enterprises ADEL.NS, Adani Energy ADAI.NS, Adani Green ADNA.NS, Adani Total ADAG.NS rise between 2% and 3.44%; Adani Power ADAN.NS up 17%

** Stocks continue Friday's rally after India's markets regulator dismissed parts of short-seller Hindenburg Research's stock manipulation allegations against billionaire Gautam Adani and his conglomerate

** Nine Adani entities gained between 0.3% and 12.4% on Friday

** Brokerage Jefferies maintains a "Buy" rating on the group's flagship ADEL, raising PT to 3000 rupees, an 18.9% upside from last close

(Reporting by Aleef Jahan)

((aleefjahan.cs@thomsonreuters.com))