**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 in 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 bolstered investor confidence, sparking 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 claimed by the US-based short-seller Hindenburg. This clearance has reignited interest in Adani Group stocks among investors and analysts alike.
### Investment Advice: Focus on Adani Green
Following SEBI’s clean chit, analysts recommend keeping an eye on **Adani Green** stock. Shiju Kuthupalakkal from Prabhudas Lilladher noted that, from a technical standpoint, Adani Green appears well positioned. The stock recently witnessed a breakout, suggesting potential upside.
Kuthupalakkal expects some consolidation followed by a pullback that could improve the overall bias. He highlighted near-term target prices of ₹1,220, with further strength possibly pushing the stock up to ₹1,360.
### Market Performance Insights from Choice Broking
Hardik Matalia of Choice Broking also sees promising potential in Adani Green shares. The stock is currently trading around ₹1,047 after experiencing a sharp decline of nearly 65% from its swing high.
Despite this significant correction, Adani Green entered a prolonged consolidation phase. Recently, the stock has demonstrated renewed strength, bouncing strongly from its support zones, indicating potential for further gains.
### Conclusion
With SEBI’s clearance alleviating regulatory concerns, Adani Green emerges as a compelling pick among Adani Group stocks. Investors looking for opportunities within the group may consider monitoring Adani Green closely as it shows signs of technical improvement and market resilience.
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