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Hedge funds predict Adani recovery after share bounce
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Hedge funds say Adani will stage a comeback after a rebound in the embattled Indian conglomerate's share price.
Shares in Adani’s flagship firm Adani Enterprises have climbed 80% over the past week, after a report from US-based short-seller Hindenburg Research accusing the group of accounting fraud and stock manipulation, sending its shares crashing last month.
The...
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