Adani Enterprises shares surge on report finding no evidence of manipulation

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Adani Enterprises shares surge on report finding no evidence of manipulation
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Shares of Adani Enterprises, and other Adani Group companies, surged on Monday after a preliminary report that didn't find evidence of stock-price manipulation.

Shares of Adani Enterprises, and other Adani Group companies, surged on Monday after a preliminary report that didn’t find evidence of stock-price manipulation.

A panel convened by India’s Supreme Court... Shares of Adani Enterprises, and other Adani Group companies, surged on Monday after a preliminary report that didn’t find evidence of stock-price manipulation. A panel convened by India’s Supreme Court said in a preliminary report released Friday that it didn’t find evidence of regulatory failure by Securities and Exchange Board of India and that it has not found evidence that Adani companies have been manipulated abroad, while it did say that the market regulator suspects wrongdoing.

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