massive

No. As the market rout continued, the Adani Group issued a detailed rebuttal - running into more than 400 pages - and called the Hindenburg report a "calculated attack on India".It said that it had complied with all local laws and had made the necessary regulatory disclosures. It also accused the report of being intended to enable Hindenburg "to book massive financial gain through wrongful means at the cost of countless investors".Hindenburg, however, stood by the report and said that the Adani Group had "failed to specifically answer 62 of our 88 questions".