Adani group stocks were ruling higher in stock market trade on Thursday, January 16, 2025. Adani group stocks surged up to 9 per cent intraday after short-selling firm Hindenburg Research, infamous for its report against the group, said it has wound up its operations. 

On the bourses, Adani Power share price surged 9.2 per cent (Rs 599.9 per share), Adani Green Energy share price leaped 8.8 per cent (Rs 1,126.8 per share), Adani Enterprises share price 7.7 per cent intraday (Rs 2,569.85 per share), Adani Total Gas share price 7.1 per cent (Rs 708.45 per share), Adani Energy Solutions share price 6.6 per cent (Rs 832 per share), and Adani Ports share price 5.4 per cent (Rs 1,190).

Besides, Ambuja Cements share price gained 4.5 per cent (Rs 542.9 per share), ACC share price 4.1 per cent (Rs 2,054 per share), and NDTV share price 7 per cent to Rs 157.9 per share. By comparison, the BSE Sensex today was seen holding gains, trading 0.4 per cent higher at 9:45 AM. 

In a social media post on ‘X’, formerly Twitter, Hindenburg Research Founder Nate Anderson said that he had made the decision to disband Hindenburg Research. 

“The plan has been to wind up after we finished the pipeline of ideas we were working on. And, as of the last Ponzi cases, we just completed and are sharing with regulators,” Anderson announced in a blog post shared on X.