**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 recently after the Securities and Exchange Board of India (SEBI) cleared all allegations raised by Hindenburg Research back in January 2023. This significant development has boosted investor confidence, triggering 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 entities did not breach any regulations as claimed by the US-based short-seller Hindenburg.
### Investment Advice: Focus on Adani Green
Following SEBI’s clearance, analysts have recommended paying close attention to Adani Green stock. Shiju Kuthupalakkal from Prabhudas Lilladher stated that, from a technical perspective, “Adani Green looks well placed,” having recently witnessed a breakout. He expects some consolidation, followed by a pullback that could improve the stock’s bias.
Kuthupalakkal has set near-term targets for Adani Green at ₹1,220, with potential to reach levels up to ₹1,360 if the current strength sustains.
### Market Performance Insights from Choice Broking
Hardik Matalia from Choice Broking also highlights the potential of Adani Green shares. He pointed out that the stock is currently trading around ₹1,047 after experiencing a sharp decline of almost 65% from its swing high.
Despite this steep correction, Adani Green entered a prolonged consolidation phase and has recently demonstrated renewed strength, bouncing strongly off its support zones.
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Investors looking to capitalize on the recent positive developments surrounding the Adani Group may find Adani Green a compelling option, considering both the technical outlook and market sentiment following SEBI’s clean chit.
https://www.newsbytesapp.com/news/business/adani-group-stocks-in-focus-what-analysts-recommend/story
