Which Adani stock should you buy following SEBI’s clean chit?

**Which Adani Stock Should You Buy Following SEBI’s Clean Chit?**

*By Dwaipayan Roy | Sep 28, 2025, 04:48 PM*

Adani Group stocks have been under the spotlight after the Securities and Exchange Board of India (SEBI) cleared all allegations made by Hindenburg Research in January 2023. This development significantly boosted investor confidence, leading to a relief rally that has outperformed the broader market.

On September 22, SEBI gave a clean chit to **Adani Ports & Special Economic Zone Ltd** and **Adani Power Ltd**, confirming that these companies did not breach any regulations as previously claimed by the US-based short-seller Hindenburg.

### Investment Advice: Focus on Adani Green

Following SEBI’s clean chit, analysts have recommended paying close attention to **Adani Green** stock. Shiju Kuthupalakkal from Prabhudas Lilladher mentioned that, from a technical standpoint, “Adani Green looks well placed,” having recently witnessed a breakout.

He anticipates some consolidation followed by a pullback that could improve the stock’s momentum. Near-term targets are set at ₹1,220, with the potential to reach as high as ₹1,360 if the strength sustains.

### Market Performance Insight from Choice Broking

Hardik Matalia of Choice Broking also sees promising potential in Adani Green shares. Currently trading around ₹1,047, the stock had experienced a sharp decline of nearly 65% from its swing high.

However, after this correction, Adani Green entered a prolonged consolidation phase. Recently, it has demonstrated renewed strength with a strong bounce from its support zones, indicating a possible uptrend in the near future.

In summary, while SEBI’s clean chit has reaffirmed confidence across several Adani Group stocks, market experts particularly highlight **Adani Green** as a stock worth watching for potential gains in the coming months.
https://www.newsbytesapp.com/news/business/adani-group-stocks-in-focus-what-analysts-recommend/story

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