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No clean chits

Completion of Sebi probe is critical

Adani
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Business Standard Editorial Comment Mumbai

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The Adani group companies are witnessing a significant buying interest this week on the back of the Supreme Court-appointed (SC-appointed) committee report being made public, and it did not find any conclusive evidence of regulatory failure in the context of allegations made by US-based Hindenburg Research in January. On Monday, for instance, the combined market capitalisation of the group companies went up by about Rs 82,000 crore, taking it above the Rs 10-trillion mark. The buzz continued on Tuesday with group companies adding about Rs 60,000 crore worth of market capitalisation. Group companies had come under intense selling pressure after

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First Published: May 23 2023 | 10:16 PM IST

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