Adani Group firms' shares, including Adani Enterprises Ltd, Adani Power Ltd, Adani Green Energy Ltd, Adani Green Solutions Ltd, and Adani Wilmar Ltd, traded mixed on Monday after the Supreme Court (SC) reportedly postponed the Adani-Hindenburg case till November 24.

The Supreme Court had already adjourned the case for 10 days on October 20. Following the news, most Adani group equities traded in a volatile manner. Adani Enterprises' shares were trading at Rs 2,257, down 0.17 percent. Adani Ports and Special Economic Zone Ltd increased 0.12% to Rs 783.05. Adani Power's share price declined 1.33 percent to Rs 349.40.

Adani Green Energy's stock increased 0.66 percent to Rs 877.25. Adani Total Gas Ltd increased 0.21 percent to Rs 560.90. Adani Wilmar's share price declined 0.25 percent to Rs 328.75. ACC Ltd and NDTV Ltd both lost 0.3%, while Ambuja Cements Ltd increased 0.3%. The Supreme Court was set to hear a case involving Sebi's inquiry into suspected financial misunderstanding and stock manipulation by the Gautam Adani-led Adani group firms, as proposed by US-based short seller Hindenburg Research. The Adani group has refuted all allegations of malfeasance.

According to reports, the Gautam Adani-led group's auditors S.R. Batliboi are being investigated by accounting regulator National Financial Reporting Authority (NFRA), and the group has rejected the suggestion that its businesses did not follow regulations and accounting standards. Adani Green Energy Ltd, Adani Power Ltd, Ambuja Cements, Adani Wilmar, and ACC are currently audited by S.R. Batliboi.

Earlier this month, a media report stated that the capital markets regulator Sebi was looking into Gulf Asia Trade & Investment, a fund formed in the British Virgin Islands, to see if it had any ties to the Adani Group and if there was any breach of share ownership regulations.

According to the September quarter shareholding statistics, foreign portfolio investors (FPIs) reduced their shares in a few group firms, including ACC Ltd, Adani Enterprises Ltd, Adani Wilmar Ltd, Adani Ports and Special Economic Zone Ltd, and Ambuja Cements Ltd. Domestic mutual funds, on the other hand, were seen investing in cement manufacturers Ambuja Cements and ACC, as well as Adani Ports and Adani Enterprises, in the September quarter.