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How the Hindenburg report affected Adani Group's FY23 balance sheet?

Shortpedia

Content Team
Image Credit: NewsBytes

Gautam Adani has come out swinging against Hindenburg Research. In a letter to shareholders, the billionaire called the US-based short-seller's report "targeted misinformation." Adani Group's FY23 results are testimony to its success despite the attacks that followed after the scathing report, he said in the company's annual report.