g r infraprojects limited (543317) hits 52 week high - Free Access to Investment Community

Product Description

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. When Hindenburg Research published a report into Gautam Adani’s sprawling business empire inJanuary 2023, accusing Asia’s then richest man of fraud going back decades, the impact was immediate and explosive: over $100 billion was wiped off the value of his companies.

Eighteen months on, Adani — who has denied any wrongdoing — has largely recovered from the broadside and the tiny US short seller has revealed how much it made betting against the Indian billionaire: just over $4 million.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. That figure, disclosed for the first time by Hindenburg, was published on the company’s website on Monday, along with details of a letter it said it had received from India’s markets regulator.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. According to the New York-based firm, the Securities and Exchange Board of India has alleged that Hindenburg’s report on Adani contained inaccurate statements meant to “mislead readers.” 【 - Free Access to Investment Community 】 has asked SEBI and the Adani Group for comment.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. This is “an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India,” Hindenburg said in its statement.

In its blistering report last year, Hindenburg had accused the Adani Group of “brazen stock manipulation” and questioned the “sky-high” valuations of the ports-to-power conglomerate’s firms. Hindenburg said it had taken a short position in the group’s companies, meaning it would benefit if their shares fell.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The short seller, named after the 1937 airship disaster, said in Monday’s statement that it made just $4.1 million in gross revenue through gains related to Adani short positions from a relationship with unnamed investor and about “$31,000 through our own short of Adani US bonds.”

“Net of legal and research expenses (including time, salaries/compensation, and costs for a 2-year global investigation) wemaycome out ahead of breakeven on our Adani short,” it added.

Hindenburg’s report caused one of the most stunning upheavals in India’s corporate history. The Adani Group immediately denounced the accusations as “baseless” and “malicious,” but failed to halt the staggering stock market meltdown that followed.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. Adani’s personal fortune was also hammered, collapsing bymore than $80 billionin the month following the release of the report.

But the group has made a remarkable comeback since then. Shares inmost of Adani’s 10 listed firms have rallied this year, and the infrastructure tycoon was brieflybackas Asia’s richest man. He is currently in second spot, behind fellow countryman Mukesh Ambani, according to Bloomberg’s Billionaire Index.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. SEBI launched a probe into the group after the Hindenburg report, but in JanuaryIndia’s top courtordered the market regulator to wrap up its investigation quickly and said that no further probes into the group were needed.

“In our view, SEBI has neglected its responsibility, seemingly doing more to protect those perpetrating fraud than to protect the investors being victimized by it,” Hindenburg said on Monday.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Investment Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

g r infraprojects limited (543317) hits 52 week high ✌️【Smart Picks】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions.