Shares of Adani Group firms surged on Wednesday, with Adani Total Gas and Adani Power rising nearly 20 per cent, rebounding from Tuesday's losses. The rally boosted the group's combined market valuation by Rs 1.

Adani Group stocks surge up to 6% after Adani Green Energy clarifies bribery charges, dismissing FCPA allegations against executives Gautam Adani and others.

Adani Group stocks gained momentum in Wednesday’s trade, climbing up to 7%, after the group clarified allegations concerning US Foreign Corrupt Practices Act (FCPA) violations. The surge comes as Adani Green Energy Ltd (AGEL) issued a statement dispelling claims of bribery charges against key executives,

Today's recovery in the share price came after the Indian conglomerate claimed that there were no bribery charges against Gautam Adani and other group executives.

Adani group stocks gained up to 6% in the intraday trades on Wednesday post clarification issued by Adani Green on bribery charges against the Gautam Adani and others. Adani Power leads the gains

Adani Group shares tumbled on Tuesday following TotalEnergies' decision to halt new investments due to a US corruption investigation. Despite broader market declines, GQG Partners affirmed its investment confidence.

Shares of Adani Energy Solutions Ltd climbed 2.99 per cent Rs 619.15. Adani Power shares were up 1.86 per cent at Rs 445.90. Adani Enterprises Ltd advanced 1.64 per cent to Rs 2,185.