Shares of the 11 companies that operate under giant Indian industrial conglomerate Adani Group, soared on Wednesday, a week after Gautam Adani, founder and chairman of Adani, and other executives were indicted in New York for their alleged roles in a multi-million-dollar bribery and fraud scheme. Leading the rally was Adani Total Gas, which surged 15.
7%, Adani Energy Solutions and Adani Green Energy zoomed 10%, Adani Power jumped 7.0%, and Adani Enterprises climbed 1.7%per cent on the BSE. The shares were traded on heavy volume, with Adani…Shares of Adani Group Companies Soar After U.S. Indictment
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