Since January 24, 2023, the market cap of Adani group companies has fallen by a shocking 58 per cent, from over ₹19 lakh crore to over ₹8 lakh crore (as of February 21, 2023). And this due to just a research report. What was there in the report? Who published it? And what should investors do now? Here's a primer.
Who published the report and what is there in it?
The report was published by Hindenburg Research, a US-based investment-research firm specialising in forensic research. The firm identifies companies with irregularities in their financials, exposes them through a research report and holds a short position in them.
This story is from the March 2023 edition of Wealth Insight.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 2023 edition of Wealth Insight.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Bad ideas, F&O trading and the market
Find out the mindset required to find success in F&O trading
Licence Raj Redux?
The import policy changes might take us back to the days of License Raj
How to do magic
Getting great equity returns sustainably only looks like magic, it actually isn't
Data protection and cyber security
The increasing need for cyber security is opening up investment opportunities
"Buying is dependent on pricing but not on timing"
Insights of a fund manager at PPFAS Mutual Fund
Pro vs Amateur
Can amateur stock investors be better than pros? Yes! Here's how
The dimming of Brightcom
Shedding light on irregularities at the Brightcom Group
First tryst with profitability
Find out if food aggregators have found a cure to their loss-making curse
Have We Crossed The Peak Of Inflation?
Find out if the present macro scenario calls for tweaking your portfolio strategy
Tomatonomics
The humour, the stories and what could have been done about tomato inflation
