New Delhi, May 15 -- Shares of Adani Enterprises rose by 3.8%, Adani Ports and Special Economic Zone increased by 2.5%, Adani Green Energy advanced by 4%, Adani Energy Solutions climbed by 4.2%, and Adani Power gained 2.3%, all showing positive gains on Friday, 15 May, after news indicated that US authorities might be moving towards addressing fraud allegations against Gautam Adani, which could lead to the dismissal of the associated criminal case.

According to a Reuters report citing people familiar with the matter, the US Justice Department is nearing a decision to dismiss criminal fraud charges against Adani, who has pledged to invest $10 billion in the US economy.

Independently, Adani settled a related civil fraud lawsuit on Thursda...