“It is an indication that the current prices factor in all the negatives and the market is ignoring all the incremental allegations. For the group as well as its investors, it could very well mean that the worst is over,” said experts.
The group’s market capitalisation has increased by 40 per cent in the past three months and the rally is being led by the four leading group stocks -- Adani Enterprises, Adani Ports, Adani Power and Adani Green Energy. Shares of all four companies have more than doubled from their lows.
Diese Geschichte stammt aus der September 10, 2023-Ausgabe von The Statesman.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der September 10, 2023-Ausgabe von The Statesman.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Gill 'looking comfortable' on return to nets in Canberra
India's batting coach Abhishek Nayar is keeping a close eye on Shubman Gill
2025 Champions Trophy: ICC board meet adjourned without reaching consensus
The impasse over the 2025 Champions Trophy continued as the all-powerful ICC board failed to reach a consensus after meeting virtually for a little over 20 minutes on Friday.
Delhi set unique white-ball record; uses all 11 players as bowlers against Manipur
Delhi set a new record in cricket history by becoming the first ever team to deploy all 11 players as bowlers in their Syed Mustaq Ali T20 outing against Manipur at Mumbai's Wankhede Stadium on Friday.
Pujara not keen on reshuffling batting order despite Rohit's return
India's Test stalwart Cheteshwar Pujara has voiced his support for KL Rahul to retain his place at the top of the order, even suggesting that Rohit Sharma could move down to No.3 to accommodate him for the day-night Test at the Adelaide Oval, starting December 6.
Hockey: Mizoram, M.P, Haryana win on Day 4
In Pool F, Delhi & Bihar had to share the spoils after playing out a goalless draw
World Chess Championship: Gukesh holds Ding with black pieces in tame Game 4
India's Gukesh Dommaraju held reigning champion Ding Liren of China to a draw in Game 4 of their 14-game Final Match in Singapore, overcoming another surprise opening to fight for equality in a game in which both players spent time trying to keep the game going.
Urvil Patel dedicates century to father
Urvil Patel, a rising potential who went unsold in the Indian Premier League (IPL) 2025 mega auction, dedicated his blistering century to his father and also gave credit to veteran Wriddhiman Saha for helping him improve his wicketkeeping skills.
Swiatek faces doping sanctions, accepts 'one month suspension' from tennis after failed drug test
Five-time Grand Slam champion tennis star Iga Swiatek has accepted a one-month suspension from tennis following a drug test failure in August 2024.
ED raids premises of Raj Kundra & others in Mumbai, Uttar Pradesh
The Directorate of Enforcement (ED) has conducted searches at the places linked to businessman Raj Kundra and other persons across Mumbai and some places in Uttar Pradesh, related to a money laundering probe linked to the case regarding alleged dissemination of adult movies, sources said.
Cong asks EC to explain deletion of names from Maha voters' list
Congress questioned the arbitrary deletion of voters and subsequent addition of others in voter list
