{"id":582920,"date":"2023-06-07T11:38:48","date_gmt":"2023-06-07T06:08:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=582920"},"modified":"2023-06-07T13:44:05","modified_gmt":"2023-06-07T08:14:05","slug":"hindenburg-inflicted-losses-still-weigh-heavily-on-adani-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-inflicted-losses-still-weigh-heavily-on-adani-stocks\/","title":{"rendered":"Hindenburg-inflicted losses still weigh heavily on Adani stocks"},"content":{"rendered":"<p>About four months after US short seller Hindenburg Research shook Indian financial markets with a bombshell report on the Adani Group, the conglomerate\u2019s stocks are finding it hard to shake off the impact.<\/p>\n<p>While two of Adani\u2019s 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away. The group\u2019s market value is still down more than $100 billion since Hindenburg\u2019s Jan. 24 report, which claimed that billionaire Gautam Adani\u2019s empire was \u201cpulling the largest con in corporate history.\u201d The rout had reached $153 billion at one point.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About four months after US short seller Hindenburg Research shook Indian financial markets with a bombshell report on the Adani Group, the conglomerate\u2019s stocks are finding it hard to shake off the impact. While two of Adani\u2019s 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away. The group\u2019s market value is still down more than $100 billion since Hindenburg\u2019s Jan. 24 report, which claimed that billionaire Gautam Adani\u2019s empire was \u201cpulling the largest con in corporate history.\u201d The rout had reached $153 billion at one point.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-582920","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/582920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=582920"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/582920\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=582920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=582920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=582920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}