Adani Group stocks lost up to 10% after Hindenburg report. Now, the Group issued a statement on January 25. Group CFO Jugeshinder Singh tried to clear all the fuss. Adani Group is about to launch a Rs 20,000 crore mega FPO. 'Hindenburg report is timed to damage our FPO and are motivated, Adani Group slammed Hindenburg research report. But Group shares lost up to 10% in Jan 25 trade.