Adani Group Stocks Surge After SEBI Clears Manipulation Charges

Shares of Adani Group companies experienced a significant rally on September 19, 2025, following the Securities and Exchange Board of India (SEBI) clearing the conglomerate of stock manipulation allegations linked to U.S. short-seller Hindenburg Research. The market responded positively, with Adani Power shares jumping nearly 9% and other group stocks rising up to 13%. This development has restored investor confidence and is expected to lead to a re-rating of Adani Group stocks. The SEBI's clean chit has alleviated regulatory concerns that had previously weighed on the group's market performance.