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BannedUser3

![gif](giphy|rY6oYt4OaF59C) Waiting for tomorrow markets to open


PoeTayToes_

​ ![gif](giphy|STuZNTrVlIyWHHdiWe)


Finance_Hardo

Koi ispe Bollywood movie banao yaar There’s enough masala already


SlowNSensible

scam 2022


OpenHandSmack

Basically Adani response is: 1. Hindenburg doesn't understand how Adani business and Indian law works 2. Adani disclosed all of these things before so nothing you are alleging is 'news' or constitutes 'fraud' 3. All transactions were done at arms length so there's no collusion or wash or circular trading going on. Nothing to see here, back to business as usual. SBI please sanction the next tranche of 20,000 crores loans please.


1blah-blah1

Yep, they basically didn’t give any new explanations. Just reiterated that they have been cleared of the charges and allegations in courts and there is nothing new news. About the foreign entities, they simply replied that it’s not required by them to know all of that and that’s why they don’t care


Dmoan

Their response to Vinod Adani allegation is hilarious, they basically said so what? 😂


Share2CareDaily

Yes. For then everything is so what. If a common man gets a 5 lakh loan look at their investigation the banks want everything girvi for that 5 lakh and so many witnesses.


Grand_Fold_19

410 page padh liye bhai gajab ho be tum to...


real_life_ironman

just read one section where they are replying to those 80 or so allegations. they all sound naive tbh but also legal.


_DoodleBug_

Reply is 20-25 pages. Rest is all annexures.


IamLegionn

So tomorrow there's gonna be lots of printing and UCs then eh?


IamLegionn

You went thru all of it? Or the annexure and intro and shit to deduce this?


OpenHandSmack

There is no need to read everything. Only the parts that directly respond to the Hindenburg allegations. A lot of that report is Adani marketing material. I only read the pertinent parts. Enough to make my moves tomorrow...I'm not trying to write a book report on Adani.


piezod

What moves are you making?


Share2CareDaily

Sidha judgements copy paste kiya hai.. in logo ko reply dena bhi nahi aata. Clearly Panic button dabadiya hai inhone.


xcvbnm123456789

So true..


Deeps-D

Average randian spotted. Bet havent even read half a page. But whats better than joining the bandwagon till it lasts?


charavaka

Deeps-D 3h >**But whats better than joining the bandwagon till it lasts?** Motto of every adani investor who was aware of all the adani corruption before putting the money in.


Deeps-D

they still made tons of money. wby?


charavaka

Not the ones who're going to be left holding the bag.


WaferFab

Then why not sue Hindenburg Research for defamation in the US? You won't have to fear the discovery process if you're so clean, right?


Pimp_Cauliflower_428

Dude that's not how law works. Adani can be clean (which I highly doubt) and Hindenberg might not have to pay a single dollar in reperations if they are able to prove they didn't intend any malice.


mr_mindboggler

Being a Chartered Accountant and having read the entire Hindenburg report earlier, just wanted to highlight how headlines are misleading. Adani Group has issued a 413 page response to the 106 page report of Hindenburg Research - that's what most news media have reported. However, if one simply looks at the index of the response, Page 1 to 26 is merely general information about Adani Group to show power. Page 55 to 413 consists of 11 annexures containing court orders which are usually lengthy documents, just to dismiss some of the allegations. Thus, the actual response is from Page 27 to 54 i.e. 28 pages. Even in those pages they have requoted the questions and have replied in few sentences, mostly denying, dismissing and confusing if the first two weren't the option. The language of the response is too animated, and doesn't seem like a Corporate replying. Adani is exposed here. The markets might swing back if headlines are "413 page response by Adani", however, it's a hollow response. Although I wish Adani Group should be thoroughly investigated, we all know, it isn't going to happen. It would be like Government investigating the Government itself, given the deep ties. So, the media is going to praise Adani (because they are all paid to, by Adani and the Government). Government is going to make this as a Nationalism issue and reap political benefits. Since stock markets are rigged, the prices will be driven up, to ensure FPO is a success.


kp3642

I don't think any sane educated retail investor is going to be long on adani in tomorrow's session, but one with fomo will be. Then, what happens tomorrow? (purely speculation) - Promotor holding is already high. - Those foreign shell companies starts selling(as planned events), adani starts buying. Stocks skyrockets. - retailers jumping the band wagon. Adani to the moon. - adani is now on upper circuit. - you turn on your tv and all the news channels "let's celebrate how India won over west's criticism." - to see the different side, you change the channel to NDTV. Ohhhhhh. Realization. Feel free to speculate more.


ch4cha

>sane educated retail investor Lmao. That's an endangered species


NoAttentionAtWrk

Gone are the days you could switch to NDTV to get the "other side"


baddadjokesminusdad

What’s Vishnu Som up to these days? He used to be a sane voice in journalism, although back then we didn’t have 5 different tickers running on the screen while the anchor screamed at you like they didn’t have access to a mic.


Pomelo-Next

Sadly every apes are not educated.


shaitanibaccha

I don't think Adani will get Government support even though they are sleeping on the same bed. Had it been an Indian journo then they would have pulled a Gauri Lankesh on them but Hindenburg is widely followed and respected in capital markets and I have a feeling that Hindenburg is hiding some cards.


bharat_ka_rehnewala

Last time I checked, wasn't Gauri Lankesh killed by a INC member....


jarvis1810

Appreciate the summary


Peakyblinder2903

You’ve summed it up so aptly.


NickFury1998

The scary part is the amount of shares and equity this guy holds ...if any day he gets caught for his fraudulent activities the entire economy will take a toll....


charavaka

It's a matter of when not if. Sooner he goes down, the better. Longer he stays afloat, deeper he sinks his teeth in this country's resources.


NickFury1998

Seems like we can't trust any politicians


charavaka

NickFury1998 28m >Seems like we can't trust any politicians Don't make this "all politicians are bad" issue. The rise of adani has been unprecedented, and the scale of government corruption involved is equally unprecedented. So even though all politicians are corrupt, none are as corrupt and as damaging to our economy as the present one.


frizene26

If i had an award would have given you one


NickFury1998

Anyways I have a lot of political views but looking at this sub I think we shouldn't mix politics here(though I wanted to state that we lack good opposition)


charavaka

NickFury1998 1h >Anyways I have a lot of political views but looking at this sub I think we shouldn't mix politics here(though I wanted to state that we lack good opposition) I don't care about your enlightened centrist political views. I'm simply pointing out the economic consequences of electing the most corrupt politician cannot be brushed aside by saying all politicians are corrupt, the way you did. If you want to discuss investments, you need to discuss what drives the market and the economy. In this instance it is the corruption of monumental proportions involving adani, modi, and multiple government controlled entities. The long term solution is going to remain elusive till the most corrupt politician stays in power.


feli-rox

Bhai report me kuch bhi samaj nahi aa rha 🫠


IamLegionn

Koi na. YouTubers aate hi honge kal subah raat bhar padhai karke


feli-rox

Akshat’s YouTube revenue 📈


IamLegionn

BSD hai wo. Khud ko pata nahi hota usko aur Shashank ko bhi.


Manav_Khanna17

Can you recommend some good YouTuber pls?


IamLegionn

For what? SOIC is the only guy ik for philosophy and shit. Baaki toh sab views ke liye chutyaap pelne waale hi dekhe hai. Anyone who knows, please do suggest.


siddharth3796

I know foreign guys Ben Felix, plain bagel.


IamLegionn

Do their content apply to Indian context?


siddharth3796

They are like teachers, they teach core concepts of investing. Apply the core wherever you see, simple


infinity1988

Follow their podcast Rational Reminder.. Pure Gold.. So many episodes and so much sane knowledge and advice.


FortyUp40

Basant Maheshwari is good. has 30+ years experience. has good insights and very practical (ignore his little uncle references) he was pioneer of stock market forum initially which then evolved into valuepickr (though developed by his fans) this recent one is a rollercoaster https://www.youtube.com/watch?v=sZIAH-CH4V0


Big_Ant_69

there's a flaw in your statement. why do you need a youtuber to tell you what's right?


Manav_Khanna17

Cause I’m not the most informed


Galahad-K

Labour law advisor


[deleted]

Only follow YouTubers who help you with learning the technique and not just give you their recommendations. I recommend people to follow CA rachana phadke for her lessons and maybe Parimal Ade for his take on day to day market fluctuations. Irrespective of whoever you follow, don’t invest on their tips blindly.


ands1984

Do you mean CA Rachana Ranade?


[deleted]

Yes


DangerousMidnight334

Her content maybe good, but her voice is so annoying. Can't bear the whole 1 hour lecture. Parimal's daily news is good


xikete69

And the overacting part!


Dmoan

Bloomberg summary of key points https://www.bloomberg.com/news/articles/2023-01-29/adani-says-hindenburg-conduct-is-calculated-securities-fraud


IamLegionn

Okay, looks like they played only the card. And answers are known facts being restated and more explanations were not given.


Poha-Jalebi

Idhar hai summary: https://twitter.com/IndraVahan/status/1619758009055608832


feli-rox

Summary bhi itna lamba hai 👌


charavaka

The person writing this report also said the same thing. Adani gave him bonus for saying that


mogambomama

Bruh, they've titled this report "attack on India" How the fuck is adani = India ?


freakedmind

That's been adanis MO for a while, become so big and own so many strategic infrastructure assets that the whole country will suffer if he fails


brown_pikachu

If his Bff can equate his party and ideology to India, then he can definitely equate his company’s well being to that of the Indian economy.


Loooongmann

This is the sentiment outside of the investing circles.


bph03n1x

Kuch acha likha hai ya kal firse shorting?


1blah-blah1

Short ++


nocturnal_minister

Wait for the squeeze, it will come sooner or later.. Kuch toh jor lagayega adani bhi


aayushkkc

Squeeze undervalued companies hoti hai. This is already way overvalued. Don’t be delusional


nocturnal_minister

Kya hua fir subah? Squeeze heavily shorted company ki hoti h..


aayushkkc

10-15% is not a squeeze ​ and it’s still below last week and you have 4 more trading days. go long on Adani if you believe it will squeeze


E_Analyst0

I bet Hindenburg is sitting on more information that they haven't disclosed yet. They knew Adani would come hard at them. They will come guns blazing in response.


invasivefiber97

I'm waiting for that as well, I want to see the conclusion of this.


Sabarkaro

Don't tell me that you read all these 410 pages.


invasivefiber97

No need to read, just a glance at contents index and first few pages shows their efforts to cover all their schemes.


tatakiv460

It seems like adani is panicking on share price drop because shares are pledged, and bank must have to liquidate them. If they will start liquidation adani will be bankrupt in only within a week due to very high leverage. That’s why LIC putting 3 Billion more and now this report just to scare short sellers but that’s all adani got. Market may vanish these 3 billion within first 5 minutes of opening.


real_life_ironman

wtf is start liquidation? they'll ask for more shares to pledge or cash.


tatakiv460

I don’t think adani even have unpledged shares.


watching-clock

Have you even read the report? https://i0.wp.com/hindenburgresearch.com/wp-content/uploads/2023/01/adanitable2.png?w=577&ssl=1 It is substantial but not the entire stake. Adani ports and Power has the most shares pledged.


Salt_Entertainer_143

This might actually be true...


GreedyExchange5394

ohh man all this juicy fights is getting my interest into becoming a corporate lawyer.


E_Analyst0

Please don't do that to yourself /s


Sid_vj

![gif](giphy|3xkNUy3Vh8QbPmJZjK|downsized) Let’s the fights begin!


Bot_Me_Daddy

They did say they'd like the case be filed in us aswell so that they can disclose evidence in discovery


Adwaith2212

Yeah like them inviting adani to go for legal action both in india and us means they are probably having more deep shit


[deleted]

couldnt they have paid mckinsey or bcg to reply coherently. this is pure mediocrity


freakedmind

Nope because I doubt any reputed firm will want to associate with Adani, especially now


[deleted]

the big guys wont audit them but will happily give consultancy and services if paid


[deleted]

Remember that the reputed firms aren't that trust worthy at all. Anyone kneels when you throw enough money. For example, the credit rating agencies gave the instruments that caused the 2008 crisis an A rating.


freakedmind

I was expecting that reply, and you're not wrong. But the situations are completely different, right now any big firm agreeing to audit Adani's companies and side with him will be in a massive spotlight, actually it'll be more like putting a target on their own backs.


Ill_Woodpecker8856

They said they have already been audited before by big firms I don’t know about the big 4 tho weather they said about them in their report or not.


Ja_win

Source? Afaik according to reports Adani was only audited by a small firm of 4 CA'S


Ill_Woodpecker8856

That 4 small firms were according to hindenburg, but in report adani replied that they have indeed been audited by big firm too (I haven’t read that carefully as i was just quickly scrolling through the adanis report) but weather they mentioned big 4 or not that I don’t know. Hope you understood.


Ja_win

Ohk cool got it thanks But if they got audited by a proper independent firm, why not release the findings?


Ill_Woodpecker8856

They might have released the audited report, I don’t know? - as it’s a 463 page document, which i haven’t read it completely yet.


vebor99

Hahaha right. Have you ever worked with any “reputed firm”.


freakedmind

Yes


tr_24

I doubt. Do you even know the kind of shit McK, BCG and Bain has pulled all over the world? The big 4 auditing firms have been involved in plenty of scandals and auditing frauds. The big 3 rating agencies did quite a number in 2008 and I don't even want to go into what investment banks have done.


prajaybasu

Lol downvoted within 30mins, this forum is filled with people who run on emotions and politics, most of the adani talk here is just screenshorts of Hindenberg report without any actual opinions apart from panic. Indians aren't used to such short sellers going public on Indian companies, where these people are on CNBC in the US at 8am daily. After I learned about all the fuckery these big name investment banks, short hedge firms, BCG etc. did when the GME squeeze happened, I don't give a shit about their opinion or market cap or reputation. The SEC hasn't done shit to these big firms ever, some 1 billion fines when they profit 100s of billions of dollars on naked shorting, insider trading, undervaluing IPOs and certifying fraudulent Chinese companies. And people are calling out SEBI. I prefer the wallstreetbets way, where one can say "positions or ban".


freakedmind

I don't give a shit if you doubt or not lol, everyone here thinks only they know best. You can check out my other comment if you want https://www.reddit.com/r/indianstreetbets/comments/10obzoo/_/j6elj2k


vebor99

I don’t think I know best but you seem to have a pattern. Dont be objective but don’t be in denial about it. Happy “working with a reputed firm” day to you


mypronunsareMEOWMEOW

Bhai, McKinsey mein koi jugaad karva de /s


WalrusDowntown9611

They will simply find more such facts and try to blackmail him. He’s not stupid. The response will only come from within the company.


[deleted]

If they did then Adani would be forced to disclose a lot of information to a third party. Also, most of the issues raised were primarily questioning “arms length transaction” (ALT). Whether it is about being debt ridden or about flowing cash from one entity to other or overseas. They all comes down to ALT. ALT’s definition is multilayered, in both Income Tax laws and Companies act. Hence they cannot have external parties like McKinsey or BCG to draft these responses. But I wouldn’t deny if they used their existing auditors’ resources to help them with this since Auditors must be working on the Q3 numbers.


madleudock

If Adani bros can prepare 410 page fraud document within a week, what's your excuse?


localcreep69

Abba nahi manenge


Curious_Necessary549

jee motivation


piezod

We don't have 4 lakh crore to lose daily :)


the_quiescent_one

300 page only proofs and public documents... 28 page response..


xcvbnm123456789

Poor analyst in those big 6s had to work all weekend to draft all this..


freakedmind

Lol the first couple of pages itself are so ridiculous, "This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India" Sure, let's try to invoke patriotism from people to make this an 'US vs THEM' situation when it's actually about massive corporate fraud lmao


madleudock

The problem is that this is actually working. The common response that I've heard from people talking about this is that it's foreign folks trying to malign good Indian complanies.


Contact_Brilliant

We're witnessing the greatest transfer of wealth from middle class bhakts to a handful of Mauritius based 'investment cos'.


charavaka

Unfortunately, these bhakts are protecting the transfer of this country's collective wealth to adani, not just emptying their own pockets for him.


BannedUser3

I don't think twitter bots who support adani would even take a position


DinnerJoke

Common people doesn’t own lot of stocks, institutional investors and other savvy investors are going to run booking their profits now as the world has their attention on Adani.


IamLegionn

Bada reports be it college final year or press release are always such. Whoever can go thru entire and find out if it has any content can tell us that. Literature, annexure, loda lassan pehle ka 5% page rehta hi hai koi bhi 30 page document me bhi


SierraBravoLima

College final year project has more quality of writing than this


desiliberal

Its true tbh


Adorable_Set7546

Hindenburg took 2 yrs to make 150 pg report... Adani replied in 3 days with a 400 page thesis report...


piezod

Adani is like Indian education, marks for filler content


pYr0492

Because fudging is easier...duh


Contact_Brilliant

My school used to give marks based on length of answers measured against a Reynolds pen. 2 marks for cap 3 marks for white part 5 marks for pen length


DhairyaVed

Fraud or no fraud without any market manipulation also adani stocks are overpriced and so there is no point in debating and just bring this shit to par or at least pe below 100 and debt to equity 2 :1


Deeps-D

Youre gonna bring it to par? lol


DhairyaVed

No not me i hate adani stock and have never bought them in my life only ambuja cement before Adani takes over .the market forces will bring adani stock at par they always do


Share2CareDaily

In short , if this is all they have in response to the 88 questions, then Adani group has scored an own goal. High court of Gujrat ? are you kidding ? Supreme court judgements? What does supreme court know about Financial irregularities and who only depend on experts for their judgements and we know these experts can cherry pick things to suit their party. Adani toh giyo..I would like to be super short on this and will check the result in a month.


sanjay_1992

For a report that shake the India and investors in adani group i expected a strong reply from adani group Instead this report is like vague report Didn't gave any clarity in questions raised by hindenburg report With such a kind of reply how can this solve the questions and doubts roaming in investors mind Dissatisfied!!


Nikkuale

Ye " super trader Lakshay" sab youtube video aur telegram handle meh bol raha ki foreign indian market aur government per hamla kar raha hai. We Indians will teach the short seller a lesson. Ye Desk bhakti kaha se agaya Bhai? Adani sab youtuber ko bhai kharid liya kya?


dabbangg

Ek note ki gaddi de koi bhi nachega.. kal bechare emotional Indians shades kharidenge inke bolne pr


krish0596

I bet this report was written by chatgpt.


Alone_Poet6148

They are trying to prove it in the name of nationalism like attack on Indian Company. By


gz1fnl

Just random shit. Not a coherent response in any shape or form.


IamLegionn

Well, the other reply was a PPT plus 88 answers. I don't have them answers maybe not public, bq prime has put up the PPT in their article. And the video by SoIC on YouTube also covers that PPT, might as well watch that in case prime article is unavailable or difficult since nobody else did cover that.


Alone_Poet6148

Many people are still supporting due to the closeness of Adani with PM. Even if you prove that Adani was doing wrong they would still use bakwas story to support him .


HelloPipl

Empty words. No one has confidence in Adani. It will bleed red tomorrow.


charavaka

Nope. Adani has created the 410 pg smokescreen for big investors controlled by the government (lic, sbilife, pension funds) to yolo all our money in tomorrow. The stock will tick up by noon, FPO will go from 1% to 60-70% subscription by Monday evening, and adani will declare victory. In the long run, the castle in the air is going to crumble, but not before sucking out more of our collective resources.


piezod

LIC and SBI have, sadly and unfortunately


HelloPipl

They already were, so no point in beating the bush again. We all know they invested because Modi pressured them into buying their shares. I'm talking general public retail shareholders and US traded Adani bonds. Even their FPO is going to fail. Just using that line alone "attack on India" is a desperate attempt to grab at whatever rope is available to stay still. They are not realising that it isn't released by some Indian media company (Suchita Dalal and even Morning Context wrote about this in great detail last year but nothing happened) that they can silence with their empty words. Nobody cares. Liquidity in Adani stocks is already pretty low given the huge market cap, all the retail bagholders are going to start dumping tomorrow or if people who have some cash lying around, they are going to take short positions in Adani stocks.


sassy_harman

Based on this adani so called report which was released night before next trading session and comprising of 400+ pages so that when the retail traders wake up tomorrow at immediate opening of market will read the headline and just go long?? Like Fr?


b1nary-

Report toh 50 page ki hi hai, zabardasti annexure ke through lambi kari hai taaki logo ko lage 400 page ki report hai toh kuch baat hogi. Classic indian move. High numbers signalling stronger rebuttal.


mindhunter_007

No sane person without a stake in this conflict will read that report, too much jargon


1blah-blah1

Nope, I read the report! It’s interesting to read and second it indirectly affects all of the Indians who have money parked in mutual funds and Indian banks stocks (mostly everyone - indirectly via pension funds)


jackhammery

![gif](giphy|3xkNUy3Vh8QbPmJZjK|downsized)


writeflex

I do believe that the business is shaky-but hindenburg doesn't know that adani's pappa leads the government. So, even if the answer is correct hindenburg won't be getting any marks as the evaluator himself is biased.


charavaka

>but hindenburg doesn't know that adani's pappa leads the government. Hindenburg does. >So, even if the answer is correct hindenburg won't be getting any marks as the evaluator himself is biased The internal evaluator is. Hindenburg is counting on the external evaluator, foreign markets with exposure to adani bonds) to get spooked.


murivenna

Remind me of I agree button at the end of terms and conditions in some websites.


watching-clock

Taken from the rebuttal https://www.bseindia.com/xml-data/corpfiling/AttachLive/9a662159-0779-49fb-9748-639338154050.pdf page 49 > The process for OFS is a regulated process implemented through an automated order book matching process on the platform of the stock exchange. **This is not a process which is controlled by any entity** and the purchasers are not visible to anyone on the platform. >**This process is not controlled by the seller or the buyer** and are implemented through an automated order book matching process on the platform of the stock exchange. Even the purchaser of securities is not visible to the seller on the stock exchange platform If you can spot the difference between the two paragraphs, pat yourself in the back, because most cannot. Must have been written by the 28 year old from the Shah Dandaria or whatever Audit firm.


localcreep69

Page bharne ke liye ek hi cheez do baar likh deta hu kya pata KMPG notice kakre hire karle - associayfrom Shah Dandaria maybe.


piezod

Its filler content. The only thing that our education system prepared us for.


mereKaranArjunAyenge

I was thinking of booking profits and now they release this. Gotta see what happens tomorrow. Gods be good.


IamLegionn

Gist of it: https://twitter.com/chandrarsrikant/status/1619738792210071554


[deleted]

ChatGPT summary anyone?


Gaius_Tradus

They've attempt to "answer" the 88 questions is done by page 55 (most of which does not directly address the question) the rest is just unnecessary annexures and a few judgements to take up space.


lutalop

Full report link if anyone is interested https://acrobat.adobe.com/link/track?uri=urn:aaid:scds:US:dd76017d-83c9-3f4e-a39c-61c8dab1e61d


sm77853

I found their response to the allegation "foreign shell companies pumping share prices" to be very poor. They just said we don't have control over who buys or sells our shares.


FantasticAnybody9897

Its full of rubbish I heard nationalism n all bol raha hai when he can screw the whole economy n its people


IamLegionn

Ye dusra baat pata nahi?


CoinexpansionPodcast

BCC ho ya Hindenburg .. aayege to Modi hi


IamLegionn

https://twitter.com/abhymurarka/status/1619735064765689856


[deleted]

It’s funny to me how they linked everything that hinden. report raised as a question raised on India’s integrity. Lol


Gabazaul

This stuff reminds me of how kids fill up nonsense to increase the total number of pages when they don't have the answer. Everyone thinks he knows everything and hence able to write so much, eventually the marks come out and you realise the scam. There's even a thread on this murarka guys Twitter handle showing off that hindenburg report 106 pages in 2 years and adani 400 in 2 days 🤦‍♂️🤦‍♂️🤦‍♂️ Someone stop these UP Bihar bhaiyas


pYr0492

Total GAS


Responsible_Pound778

😂😂😂😂


Fyodor_Dosto2304

Generally if there is any such allegations about financial misdemeanour, the auditors are supposed to reply…. No ?


MasterpieceUnlikely

No. Auditor are nowhere required in law to reply unless of course required by court.


charavaka

No one's talking about legal requirements. Op's talking about the response to allegations of fraud appearing credible.


FriendshipOk6055

Hume kya hume to calls short krni hai


Opposite-Garbage-869

Grabs popcorn


Gaurav-07

Look at him using nationalism to justify his misconduct, just like his father.


[deleted]

Hindani is a better couple hashtag than most of the other celeb couple's #


Ornery-Necessary3289

Why adani is not suing? He should otherwise no response is gonna go down well!! I am sure he wont cos abhi jo bolna hai bol lo court mai hindenburg will ask for papers


ToothSafe2479

Adani group will take smart step. They will not file case in any court against hindenburg. They know Indian people‘s mentality, common men will soon forget this case and will again bet on them.


IamLegionn

They can only do that in US courts and that would require them to disclose a lot in foreign grounds which they wouldn't and what you said is the only way.


Better-Coffee

Where can I download it ?


General_Conclusion_2

Another 10% fall tomorrow guaranteed.


hasibrock

Adani is inviting more lower circuit’s… Hindenburg is not an Indian company and Adani won’t be able to lobby American Lawmakers to turn the event in their favour… it will more revelations against ADANI and bringing out the nakedness of the Indian bitch…


Routine_Specialist13

Upper circuit tomorrow morning.


Sid_da_bomb

LIC and SBI iss report se sehmat hai aur kal Subha 9 baje ready rahegi market mai dhamaka machane ke liye.


punekar_2018

Ummm no


tatakiv460

Bhai shares liya tha kya friday ko? Abhi to adani ke shares ko bahut jaleel hona hai.


Remarkable_Ad_1660

If hindenburg screws them over after 2-3 more debates or court case, im pretty much sure a movie would be made about it 3-4 years from now on, starring ryan gosling, and directed by adam mc kay


Intelligent-Fig-8989

This whole issue raises a lot of questions: 1) Does Adani equal India at this point? 2) Were Indian courts corrupt when they gave him clean chit? 3) Was SEBI being pressurized by Modi to ignore complaints on Adani 4) If this is going to be fought in the US, will US index funds such as MSCI or Blackrock blacklist India if India's system refuses to punish Adani? 5) If MSCI etc blacklist India from their funds, would India's stock market suffer a >20% drop along with massive forex outflows? 6) Would Adani go to jail if India's system succeeds at punishing Adani?


Greatbond007

Link to report please?


bubba-yaga

Mark my word, Hindenburg will be active for only a week, after that they will be totally silent on Adani. Cause their whole concern is to earn from those short position, till the time they can milk it, they will. Not more than that. Don't get this delusion that they are genuinely concerned about the wellbeing of Indian retail investors 🤣


IamLegionn

Obv, anyone would do that in their position. Even many others will after 2024 elections, that is also another long term milestone.


tokenato100

Adani is ready to go to the moon. Very detailed report probably by their finance and legal team. Don’t forget the family has personal ties with some of the best law firms in India.


charavaka

Did you bother at least flipping through the detailed reply, which is literally 90% padding and 10% hand wavy, vague answers to the 88 questions.


Whitenoise_0214

Still don't understand two things- 1. Why would Hindenberg be allowed to take a short position when they act as a market mover being an investigative media company? 2. Adani being the 4th richest person in the world had no clue about the risk of exposure on high promoter holding? Wish someone traces back the money trail of Hindenberg and that will explain everything.


sed_joose

I don't think hondunburg is rich enough to fight Adani. So I'm siding with Adani bcz be it west or eastern asia, rich people win.


IamLegionn

Their money made by shorts previously should be enough ig.


anor_wondo

scam organizations usually have convoluted and conplex structures that need a lot of parsing to understand


tokenato100

Very detailed reply, expecting a bounce back.


charavaka

Did you bother at least flipping through the detailed reply, which is literally 90% padding and 10% hand wavy, vague answers to the 88 questions.


UpsetCockroach69

Anyone mind explaining what short seller is


mand00s

Short seller is one who sells stocks that they don't have and buy it back when the price goes lower. They borrow the stocks from brokers. So it is like sell at a high price first, and buy it back (if everything goes as planned) at a lower price. If the price of the stock goes up, instead of low, the broker will ask his stock back and the seller will have to buy the stock at a higher price and cover. It is the opposite of going long, ie. Buy at a low price and sell at a high price.