"Despite recent legal developments, including a US indictment followed by materially false and misleading coverage, the agency has maintained a positive outlook on the group's companies and entities.

One of Japan's biggest banks, Mizuho Financial, expects the US allegations on the Adani Group not to have a long-lasting impact and it intends to continue supporting the group.

Adani Group shares rise, with Adani Green Energy soaring nearly 15%. International Holding Company (IHC) reaffirms its support for the group despite US indictment.

Shares in Adani Group companies, including Adani Green Energy, have surged sharply, signaling a positive recovery from the turmoil triggered by a US indictment.

Adani Group companies continued their winning streak on Friday, marking the third consecutive day of gains across the conglomerate’s listed entities. Shares of several group firms surged up to 9%, even as the group faced ongoing scrutiny over allegations of bribery by its top executives.

Adani Green Energy shares surged 14.64 per cent to hit a high of Rs 1,247.55. The Adani Energy Solutions stock was trading 10.81 per cent higher at Rs 806.Adani Total Gas climbed 4.74 per cent to Rs 841.

Adani group companies saw their share price gain up to 9% for third day in a row. Adani Green Energy Ltd share price led the gains rising up to 9% in morning trades on Friday. Adani Total Energy Solutions,

The stock zoomed 23 per cent to hit a day high of Rs 1,338.45. At this price, it has rallied 48.81 per cent in just 3 trading days. In sync, stocks of other nine listed Adani Group entities also traded in the positive territory today.