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Adani Enterprises (AEL) (up 2.34%) and Adani Ports and Special Economic Zone (APSEZ) (up 1.24%), Adani Total Gas (up 6.79%), Adani Wilmar (up 4%), Adani Energy Solutions (up 7.84%) and Adani Green Energy (up 5.27%) jumped.
Adani Power hit an upper circuit of 5%.
The Supreme Court announced that there is no ground to transfer the case to Central Bureau of Investigation (CBI), further it also requested SEBI to complete its probe within 3 months.
On Adani-Hindenburg case, the Supreme Court also said that the power of the top court to enter into regulatory domain of the regulator is limited.
Earlier on 24 January 2023, Hindenburg, an US-based investment research firm that specializes in activist short-selling, made wide-ranging allegations of corporate malpractice following a two-year investigation into the Adani group companies.
Later in August, SEBI had submitted the investigation report to the court on allegations made against Adani group.
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