Following SEBI's clean chit, Adani Stocks opened bly positive on Friday. Adani Total Gas surged over 10%, Adani Power by 7.4%, and Adani Enterprises by 4.3%. Investor confidence in the group remained b.
Adani Stocks Today: Adani Group shares opened with significant gains in the stock market on Friday, September 19, 2025. In early trading, several Adani Group stocks saw an upsurge of up to 10%. This rally followed the latest report from the Securities and Exchange Board of India (SEBI), in which SEBI gave a clean chit to the Adani Group and its Chairman Gautam Adani against allegations of stock manipulation made by Hindenburg Research.
Upsurge in Adani Stocks
Shares of nine Adani Group companies recorded gains ranging from 1% to 11.3% on Friday. Shares of the flagship company, Adani Enterprises, climbed 4.3%. Adani Power shares registered a strength of 7.4%. Meanwhile, Adani Total Gas shares jumped over 10%.
The main reason for this surge is SEBI's clean chit and the news of the dispute surrounding the Hindenburg Research report coming to an end. Investors immediately started buying in the market, leading to a rally in Adani stocks.
Hindenburg Report and SEBI's Clean Chit
In 2023, US short-seller Hindenburg Research had leveled allegations of stock manipulation, related-party transactions, and fraud against the Adani Group. Following these allegations, the Adani Group's market capitalization had fallen from 19.2 lakh crore rupees to 6.8 lakh crore rupees.
However, SEBI issued a clean chit to the Adani Group, Gautam Adani, and some of his companies in two separate orders. SEBI stated that the group's transactions with Adicorp Enterprises, Milestone Tradelinks, and Rahvar Infrastructure cannot be termed ‘related party transactions’. Furthermore, SEBI also clarified that no fraud or violation of regulations has been proven in this matter.
Following this decision, the Hindenburg case also concluded, and the group's total market cap has currently reached 13.6 lakh crore rupees.
What Gautam Adani Said
Gautam Adani, Chairman of the Adani Group, wrote on his social media account X (formerly Twitter) that transparency and integrity have always been the hallmark of the Adani Group. He stated that he understands the pain of investors who suffered losses due to false reports and fraud. Gautam Adani added that those who spread falsehoods should apologize to the nation.
Current Performance of Adani Group Companies
In their response to SEBI, Adani Group companies stated that transactions with Adicorp should be viewed as debt. SEBI's investigation found that 66% of Adicorp's withdrawals and 67% of its deposit transactions were linked to the Adani Group. If these transactions are removed, Adicorp's bank transactions become negligible.
Market Reaction
Following SEBI's clean chit and the news of the Hindenburg case concluding, Adani stocks witnessed a rally. Investors intensified their buying in the market. Most of the group's companies saw their share prices rise in early trading.
- Adani Total Gas: Over 10% gain.
- Adani Power: 7.4% surge.
- Adani Enterprises: 4.3% jump.
This rally clearly indicates that investor confidence in the Adani Group remains b.
