“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.
Bu hikaye The Statesman dergisinin September 10, 2023 sayısından alınmıştır.
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Bu hikaye The Statesman dergisinin September 10, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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