Adani Power increases by 20 % after dividing the shares, collectively shares the partial SEBI permit

The shares of the Adani Group companies increased sharply on Monday, led Adwani powerWhich increased by nearly 20 % after the shares divided five to one.

The company generally divides the shares to make its shares easier for current and potential investors. The stock division also increases the liquidity of the listed company.

The assembly came after the market organizer in India, the Securities Council and the Stock Exchange in India Allegations It is tampered with shares and accounting fraud last year by Hindenburg Research.

Sibi is still looking into more than ten allegations against the bloc, Reuters mentionedQuoting two sources with direct knowledge of the investigations.

The Hindenburg report, January 2023, accused Adeni’s collection of widespread fraud and shares. to survey More than $ 100 billion of bloc at the time.

While some of their shares have recovered since then, the allegations were hanging.

Other group shares in the group, such as Adani Total Gas, Adany Green Energy and Adani and Sez ports 15 % increased, 7 % and 1.2 %, respectively.

The group’s shares were also on Friday. After Sebi cleansed a group of some allegations in the Hindenburg probe, Bajaj Brooking Rese said.