Adani Enterprises has seen a 38% rally in the three days after the initial findings of the Supreme Court-led panel were released in the Adani-Hindenburg case. Adani Green Energy has also turned into a multibagger with a rise of 114% from its January lows, while shares of Adani Ports and Special Economic Zone have reached levels seen prior to the Hindenburg report, rising 8%. The Supreme Court panel did not find any regulatory lapse with respect to stock price manipulation as alleged by Hindenburg Research. Adani Total Gas and ACC are yet to see a visible recovery, rebounding only 14% from their 52-week lows.
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