Hindenburg Research, an American short-selling firm, has issued a cryptic warning suggesting that a significant event is imminent in India. The company posted on social media platform X on Saturday morning, indicating that a major revelation involving an Indian company is forthcoming.
The post, which read “Something big soon India,” has sparked widespread speculation and concern. However, Hindenburg has not provided specific details about the nature of the disclosure or the company involved.
This announcement comes after Hindenburg Research’s January 2023 report, which targeted Gautam Adani’s Adani Group with serious allegations. The report led to a sharp decline in Adani Group’s stock prices and a significant drop in Gautam Adani’s wealth, moving him from the position of the world’s second-richest person to 36th place. The report also ignited political controversy in India.
The market and political observers are now anxiously awaiting further details from Hindenburg Research.