Adani Group stocks surged by a whopping 20%, adding a hefty $15 billion to their market capitalization, following the Supreme Court’s decision to reserve judgment in the Adani-Hindenburg case.

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Investors showed keen interest in Adani Group stocks following the Supreme Court’s decision to hold off on delivering a verdict in the Adani-Hindenburg case. The Chief Justice of India, DY Chandrachud, leading the bench, noted that the Securities and Exchange Board of India (SEBI) should wrap up its investigation in all 24 cases. This sparked … Read more

Mamaearth’s Stock Surges 20% After Strong Q2 Performance; Jefferies Raises Target, Predicts 52% Upside

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Mamaearth’s parent company, Honasa Consumer, had an impressive second quarter with robust performance in both revenue and profit margins. The company’s stock experienced a remarkable 20% surge, reaching an unprecedented high of ₹423.75 per share today. Mamaearth stock rally 20% Jefferies, the global brokerage, has upped the target price for Honasa Consumer, the company behind … Read more