After Exposing Adani Group Hindenburg Hints At New Strike!
Having hit Adani earlier Hindenburg Research, the firm now teases about another strike that too in India.
By: Tupaki Desk | 10 Aug 2024 9:21 AM GMTThe US-based investment research firm Hindenburg Research has the image of creating a sensation by digging out many alleged wrongdoings in various conglomerates. The company’s work had rocked India with its report on Adani business. With this, the share values of the Adani group fell massively and it took some time for it to bounce back.
Having hit Adani earlier Hindenburg Research, the firm now teases about another strike that too in India. Taking to social media the firm said that something big is coming from India. “Something big soon India,” the firm said.
The post attracted over 4 million views. This tells us the anticipation around the next work of the firm. If we look at the track record of the firm, it has been on a mission to unearth the corporate frauds in various firms. It has been doing this since its inspection.
The firm also exposes the short-selling practices of the firms while exposing the frauds. Hindenburg works in a way that after selecting a target it goes through the public records and then gathers information from other sources like internal sources, employees, and others.
After getting all the required pieces of information it drops the bomb and releases the report. Hindenburg earlier exposed the alleged malpractices by big firms like Adani Group, Nikola, Clover Health Block, Kandi, and Lordstown Motors