India's Adani Green recoups losses related to US indictment

Adani Total Gas

02/12/2024 04:53

(Repeats to additional subscribers; no change to text)
    ** Adani Green Energy  ADNA.NS  jumps 9% to 1,446.6 rupees,
recouping all losses since U.S. indictment on Nov. 21
    ** U.S. authorities filed criminal charges against Adani
Group chairman Gautam Adani and other key executives for alleged
bribery and fraud
    ** However, the conglomerate has denied all allegations as
"baseless"
    ** ADNA extends gains for a fourth straight session; had
gained ~34% in last three sessions
    ** Stock down 11.7% YTD

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))